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Barchart
Barchart
Aditya Raghunath

As Spotify Pulls the Co-CEO Card, Should You Buy, Sell, or Hold SPOT Stock?

SPOT Spotify Amazon Daniel Ek

Spotify (SPOT) founder Daniel Ek is stepping back from his CEO role after nearly two decades to become executive chairman, effective Jan. 1, 2026. Taking the reins as co-CEOs are Gustav Söderström, the tech chief, and Alex Norström, who leads business operations. 

The co-presidents have been running the show since 2023, so the new titles just make official what's already happening. As executive chairman, Ek will focus on big-picture strategy, capital decisions, and long-term planning while staying closely involved with the board and new CEOs.

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