Spotify’s chief executive is leaving that job as the streaming music platform names co-CEOs.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.Daniel Ek, who founded the Swedish company 19 years ago, announced his pen ...

Shares of Spotify Technology S.A. (SPOT) were losing around 4 percent in the pre-market activity, after the firm announced Tuesday that its Founder and Chief Executive Officer Daniel Ek will transition to the role of Executive Chairman. The Music streaming platform, with more than 700 million users, appointed Gustav Sderstrm and Alex Norstrm to succeed Ek as its co-Chief Executive Officers. All these changes will be effective January 1, 2026.Sderstrm is currently the firm's co-President and Chief Product a ...