Spotify has announced that founder Daniel Ek is stepping down as CEO to become executive chairman. The company, based in Stockholm, says Chief Product and Technology Officer Gustav Söderström and Chief Business Officer Alex Norström will become co-CEOs.
LONDON (AP) — Spotify said Tuesday that founder Daniel Ek is stepping down as CEO to become the executive chairman, in an announcement that sent its shares sliding in premarket trading.
The Stockholm-based streaming giant said Ek will be replaced by … [1053 chars]
Source: The Associated Press | Published: 2025-09-30T13:07:07Z
Credit: The Associated Press