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. Both will report to Ek and, pending shareholder approval, join the company’s board of directors. Also Read: Spotify’s Price Hikes Leverage Non-Music Content For Higher Profits The leadership change formalizes a structure Spotify ha ...