Daniel Ek to Step Aside as Spotify CEO to Become Executive Chairman

Why Did Spotify CEO Daniel Ek Step Down? Inside the Decision to Walk Away

The business world was recently hit with the news that the CEO of Spotify, Daniel Ek, has decided to step down.

Is Spotify’s co-CEO model a blessing or a curse?

On Tuesday, Spotify founder and CEO Daniel Ek announced he will step down from his leadership role after nearly two decades. Ek will serve as the company’s executive chairman, and two former co-presidents—Gustav Söderström and Alex Norström—will share the role as co-CEOs. “Over the last few years, 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 …

Founder Daniel Ek to step away from Spotify: long bets in European defense, health

When Daniel Ek founded Spotify in 2006, a viable music product was a "moon shot." The global music industry was struggling with years of declining sales, online music piracy was rampant, and services like Apple's iTunes were pricey. Ek believed if access to music was as easy as turning on a tap - in a way that was legal and fair to artists - users would come. The key was streaming, not downloads, an idea that revolutionized the industry and cata…

Spotify founder and CEO Daniel Ek steps down from role

In his new role as executive chair, Ek will chart Spotify’s long-term plans and determine capital allocation. Read more: Spotify founder and CEO Daniel Ek steps down from role

Spotify founder Ek to step down as CEO

Spotify founder-CEO Daniel Ek will step down to become executive chairman in January, the Swedish streaming company said as it adopts a new co-CEO structure in its strategy to fend off rivals and shore up its profit margin.