Spotify has announced that the chief financial officer, Paul Vogel, is to leave, days after cashing in $9.3m (£7.4m) in shares in the wake of the music streaming service announcing it is to cut almost a fifth of its global workforce.
Vogel, who cashed in $9.3m in shares as Spotify’s shares soared after the announcement that 1,500 jobs would be cut, will leave in March, ending an eight-year stint at the company.