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

Spotify's founder Daniel Ek will become executive chairman as co-presidents Gustav Söderström and Alex Norström are appointed co-CEOs to manage growth and profitability.

  • Daniel Ek will step down as CEO of Spotify on January 1 and become executive chairman, according to the company.
  • Spotify has over 700 million users, as noted by Ek.
  • Ek stated he will focus on long-term company goals while ensuring connection with the board and co-CEOs.
  • This change aligns titles with operational practices already in place, as Ek explained.
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Benzinga broke the news in New York, United States on Tuesday, September 30, 2025.
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