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The Guardian - UK
The Guardian - UK
Technology
Mark Sweney

Spotify announces CFO to leave, days after he cashed in $9.3m in shares

Earphones and Spotify logo
Paul Vogel will leave Spotify in March, ending an eight-year stint at the company. Photograph: Jakub Porzycki/NurPhoto/Shutterstock

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.

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