This change simply matches titles to how we already operate.
in a release announcing the CEO transition
Spotify's CEO Daniel Ek will step down on Jan. 1, 2026, after two decades in the role. Gustav Söderström and Alex Norström will replace Ek as co-CEOs. Ek said his new role will focus on steering the ...
CNBC“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…”
“It's been an honor of a lifetime for me to be able to lead Spotify for close to 20 years.”
“In an email sent to staff, Spotify CEO Daniel Ek said that Spotify was taking "substantial action to rightsize our costs," adding that the company took on too many employees over the years…”
“There has never been a trillion-dollar revenue business, and we may have two of them in the next 5-10 years.”
“has emerged as a significant business with a revenue run rate in the tens of billions of dollars and is now profitable in its own right”
“We’re going to invest to continue being the leader. We can fund this plan, and I think it will forever change the size of Amazon. It will forever change our revenue.”