Close Menu
tunedindaily.comtunedindaily.com

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Best Albums From Big Gen X Dad Rock Bands

    October 4, 2025

    GT_Ofice x Matthew Topper x Martial Simon Drop New Single ‘Two Hands’

    October 4, 2025

    Chris Daughtry Hopes Music Give Fans Permission to Be Honest

    October 4, 2025
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    tunedindaily.comtunedindaily.com
    Saturday, October 4
    • Home
    • Music News
    • Events
    • Playlists
    • Top Hits
    • Releases
    • Concerts
    • More
      • Charts
      • Interviews
    tunedindaily.comtunedindaily.com
    Home»Top Hits»Ek steps sideways at Spotify to make way for not one but two new CEOs
    Top Hits

    Ek steps sideways at Spotify to make way for not one but two new CEOs

    Amanda CollinsBy Amanda CollinsSeptember 30, 2025No Comments3 Mins Read0 Views
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email
    Ek steps sideways at Spotify to make way for not one but two new CEOs
    Share
    Facebook Twitter LinkedIn Pinterest Email Copy Link

    Spotify founder Daniel Ek has announced he is stepping down as the company’s CEO, taking on the title of Executive Chairman instead, with current co-Presidents – Alex Norström and Gustav Söderström – becoming co-CEOs of the business. 

    Given Ek has been the corporate frontman of Spotify since the start, it’s a significant move, though in a statement Ek is keen to stress that “this change simply matches titles to how we already operate”. 

    In recent years, he says, “I’ve turned over a large part of the day-to-day management and strategic direction of Spotify to Alex and Gustav – who have shaped the company from our earliest days and are now more than ready to guide our next phase”. 

    In a memo to staff, Ek seeks to answer the question “why switch job titles now?”, if Norström and Söderström have basically been running the company for some time. Because, he writes, “Alex and Gustav have clearly demonstrated that, with the support of this remarkable team, they are ready to lead Spotify as co-CEOs”.

    The fact the job title change is happening as an artist boycott of Spotify – mainly prompted by Ek’s investments in weapons company Helsing – is gaining momentum is, of course, entirely coincidental. 

    Even though the streaming company did abandon its “ignore the boycotters” policy earlier this month when major label allied Massive Attack joined the boycott, putting out a statement insisting that Helsing is a totally separate company that only arms the good guys. 

    As Executive Chairman – rather than a Non-executive Chair – Ek will still have a hands-on role in running Spotify, just not the day-to-day operations. Which, by his own admission, has been the case for a while now anyway. 

    But maybe it will now fall to Norström and Söderström to post occasional slightly awkward videos to social media to try to convince everyone that Spotify is a cuddly creative business, and not an AI-addled tech monolith exploiting creatives to help fund its directors’ side projects in the arms trade. 

    An official statement from Spotify describes Ek’s new job description as follows: his role “will more closely reflect a European Chairman set-up, where he will determine capital allocation, map the long term future of Spotify and continue to provide support and guidance to its senior team”. 

    In his memo, Ek runs with this “we’re super European” theme, telling staff, “this approach reflects a European Chairman setup, which is quite different from a traditional US one that many of you might be familiar with”. This means, he says, “I will be more hands-on than some of my US peers who have a Chairman title”. So, basically, “I’ll still be in the building a lot and I’m still basically the boss”. 

    As well as getting the new CEO job titles, Norström and Söderström will also join the Spotify board, “subject to shareholder approval”. They say, “We’ve worked together a very long time and have seen Spotify through many different chapters”. 

    “Nearly three years ago, when we stepped into our role as co-Presidents”, they add, “we charged our teams with relentlessly focusing on building the best and most valuable experience available anywhere and that ambition hasn’t changed”. 

    “While we bring different experiences and perspectives to the CEO role”, they conclude, “we both have a strong bias to action and can’t wait to get started knowing that we will have Daniel’s full partnership and ongoing support”. 

    All these changes will actually kick in at the start of next year.

    CEOs sideways Spotify Steps
    Follow on Google News Follow on Flipboard
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Amanda Collins
    • Website

    Related Posts

    We’re all being pushed to the edge right now

    October 4, 2025

    Program to Empower Black Music Managers Launches

    October 4, 2025

    Yungblud Ticket Prices: How Much Are 2026 Idols World Tour Tickets?

    October 3, 2025
    Recent Posts

    Best Albums From Big Gen X Dad Rock Bands

    October 4, 2025

    GT_Ofice x Matthew Topper x Martial Simon Drop New Single ‘Two Hands’

    October 4, 2025

    Chris Daughtry Hopes Music Give Fans Permission to Be Honest

    October 4, 2025
    Top Blogs

    Calendar of New Movie Releases

    By Amanda Collins

    Check out Master Peace’s indie sleaze-flavoured new single ‘Harley’

    By Amanda Collins
    Top Posts

    Ruti Shares New Single ‘Maybe I Got It Wrong’

    July 20, 20250 Views

    Ruel Returns With Lovesick New Pop Anthem ‘I Can Die Now’

    July 20, 20250 Views

    Montreal’s Atomik Train Steaming Down the Tracks to Success with Forthcoming Debut Album

    July 20, 20250 Views
    Don't Miss

    Sean ‘Diddy’ Combs handed jail sentence after begging for mercy as judge tells victims: “We heard you”

    By Amanda CollinsOctober 4, 20250

    Sean ‘Diddy’ Combs has been sentenced to four years and two months in prison following…

    I’m always coming at something from the perspective of the outsider

    October 4, 2025

    Natalie MacMaster’s New Book A Meditation on Love of Music and Love of Family

    October 4, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    About Us

    Welcome to PlayActionNews.com – Your Ultimate Source for All Things Sports!

    At PlayActionNews, we live and breathe sports. Whether it's the adrenaline rush of a last-minute touchdown, the strategy behind fantasy leagues, or the thrill of picking the right underdog, we’re here to bring the action directly to you.

    Facebook X (Twitter) Instagram YouTube
    latest posts

    Calendar of New Movie Releases

    July 20, 2025

    Check out Master Peace’s indie sleaze-flavoured new single ‘Harley’

    July 20, 2025

    WATCH: Tomorrowland 2025 Live Stream (Weekend 1)

    July 20, 2025
    Trending

    Best Albums From Big Gen X Dad Rock Bands

    October 4, 2025

    GT_Ofice x Matthew Topper x Martial Simon Drop New Single ‘Two Hands’

    October 4, 2025

    Chris Daughtry Hopes Music Give Fans Permission to Be Honest

    October 4, 2025
    • About Us
    • Contact Us
    • Privacy Policy
    • Terms and Conditions
    • Disclaimer
    © 2025 tunedindaily Designed by pro.

    Type above and press Enter to search. Press Esc to cancel.