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Spotify Appoints New CEOs as Daniel Ek Becomes Executive Chair

Spotify Appoints New CEOs as Daniel Ek Becomes Executive Chair

Daniel Ek will step apart as Spotify’s chief government officer in January to change into government chair, the streaming big introduced at the moment (September 30). From January 1, 2026, two present senior officers—Gustav Söderström, at the moment co-president and chief product and know-how officer, and Alex Norström, co-president and chief enterprise officer—will change into co-CEOs of Spotify, reporting to Ek. They’re additionally set to affix the corporate’s board of administrators, pending shareholder approval.

The corporate likened Ek’s new position to that of a European firm’s chair, with energy to find out capital allocation, plot Spotify’s long-term path, and assist the senior crew. The change, Spotify added, formalizes the way it has operated since 2023, “with the co-presidents largely main strategic improvement and operational execution of Spotify.”

In his personal assertion, Ek, who based Spotify in 2006, pressured that he has already “turned over a big a part of the day-to-day administration and strategic path of Spotify to Alex and Gustav” and that the “change merely matches titles to how we already function.”

Not one of the statements made reference to current controversy surrounding Ek’s funding within the weapons contractor Helsing, which has prompted an exodus of artists from the platform together with Hotline TNT, Godspeed You! Black Emperor, King Gizzard & the Lizard Wizard, Xiu Xiu, Deerhoof, Deradoorian, and—in the event that they achieve pulling their music—Large Assault.

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