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The Independent UK
The Independent UK
National
Via AP news wire

Spotify CFO becomes one of thousands departing the streaming service, after selling $9M in shares

Copyright 2018 The Associated Press. All rights reserved.

Spotify's chief financial officer will step down next year, according to the music streaming service, just days after it announced its third round of layoffs for 2023.

In a statement announcing CFO Paul Vogel’s departure, CEO Daniel Ek said that the two had “come to the conclusion that Spotify is entering a new phase and needs a CFO with a different mix of experiences.”

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