Spotify founder Daniel Ek steps down as CEO

Spotify founder Daniel Ek steps down as CEO

Daniel Ek, the founder and CEO who built Spotify into a global streaming leader, will step down from his executive position in January to become the company’s Executive Chairman. The move is part of a major structural overhaul that introduces a co-CEO model as Spotify intensifies its efforts to fend off competitors and shore up…

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Daniel Ek to exit CEO role at Spotify

Daniel Ek to exit CEO role at Spotify

Spotify has announced that founder and chief executive officer Daniel Ek will step down from his role and transition to executive chairman from 1 January 2026. The company confirmed in a press release on 30 September that Gustav Söderström, co-president and chief product and technology officer, and Alex Norström, co-president and chief business officer, will…

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Spotify founder and CEO to step down

Spotify founder and CEO to step down

Daniel Ek on stage in 2024. Laure Andrillon/Reuters Spotify founder-CEO Daniel Ek will step down to become executive chairman in January, the Swedish streaming company said on Tuesday as it named long-time executives Gustav Soderstrom and Alex Norstrom as co-CEOs. The leadership change comes as Spotify expands into podcasts and audiobooks amid questions over how…

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Music fans should brace for another Spotify price hike

Music fans should brace for another Spotify price hike

Spotify will raise prices as it invests in new features and targets a billion users, the Financial Times reported on Sunday, citing the music streaming provider’s co-president and chief business officer, Alex Norstrom. The increases would be accompanied by planned new services and features, the FT cited Norstrom as saying in an interview. Earlier in…

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