Spotify founder Ek to become executive chairman as two co-presidents take CEO roles

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Spotify Announces Leadership Evolution: Daniel Ek to Become Executive Chairman, Alex Norström and Gustav Söderström to Become Co-CEOs in January 2026

September 30, 2025 7:30 AM EDT

STOCKHOLM & NEW YORK--(BUSINESS WIRE)-- Today, Spotify (NYSE: SPOT) announced that Founder and Chief Executive Officer Daniel Ek will transition to the role of Executive Chairman effective January 1, 2026. The company also announced Gustav Söderström, co-President and Chief Product and Technology Officer, and Alex Norström, co-President and Chief Business Officer, as its co-Chief Executive Officers. They will report to Daniel Ek and will also serve on the companys Board of Directors subject to shareholder approval.

This evolution formalizes how Spotify has successfully operated since 2023 with the co-presidents largely leading strategic... More