Daniel Ek is stepping down as Spotify CEO

Spotify founder and CEO Daniel Ek will be transitioning to the role of executive chairman on January 1 of next year. The current Co-President and Chief Product and Technology Officer Gustav Söderström and Co-President and Chief Business Officer Alex Norström will take his place as co-CEOs.

“Over the last few years, I’ve turned over a large part of the day-to-day management and strategic direction of Spotify to Alex and Gustav — who have shaped the company from our earliest days and are now more than ready to guide our next phase. This change simply matches titles to how we already

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