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Benzinga
Benzinga
Business
Anusuya Lahiri

Spotify Co-Founder Daniel Ek To Step Down, Co-CEOs Named

Spotify Daniel Ek SPOT Ceo
Stockholm,,Sweden,-,June,14,,2019:,Daniel,Ek,Ceo,Spotify,

Spotify (NYSE:SPOT) stock slipped on Tuesday after the company announced a management transition.

The company named Gustav Söderström and Alex Norström as Co-CEOs, succeeding founder Daniel Ek, who will step down as CEO to become Executive Chairman effective January 1, 2026.

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