The following press release went live on Business Wire earlier today. You can also find more detail here in Founder & CEO Daniel Ek's letter to employees.
Stockholm and New York - 30 September, 2025
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 S derstr m, co-President and Chief Product and Technology Officer, and Alex Norstr m, co-President and Chief Business Officer, as its co-Chief Executive Officers. They will report to Daniel Ek and will also serve on the company's Board of Directors subject to shareholder approval.
This evolution formalizes how Spotify has successfully operated since 2023 with the co-presidents largely leading strategic development and operational execution of Spotify. As Executive Chairman, Ek's role will more closely reflect a European Chairman setup, where he will determine capital allocation, map the long term future of Spotify and continue to provide support and guidance to its senior team.
I always believed that Spotify could play an important role in revolutionizing listening around the world, and with more than 700 million users, we've truly charted a new course bringing creativity to every corner of the globe, said Daniel Ek. 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 earliest days and are now more than ready to guide our next phase. This change simply matches titles to how we already operate. In my role as Executive Chairman, I will focus on the long arc of the company and keep the Board and our co-CEOs deeply connected through my engagement.
Woody Marshall, Lead Independent Director of Spotify's Board, said, The Board has been working closely with Daniel on the evolution of Spotify's leadership structure for several years. We have tremendous confidence in Alex and Gustav as they step into these roles. They each have more than fifteen years with the company and have been instrumental in driving our success and enabling Spotify to lead our industry. We are also thrilled that Daniel will be actively involved, giving Spotify both founder-led strategic stewardship and mentorship to the co-CEOs as the company continues to innovate and scale.
The new co-CEOs said in a joint statement, We've worked together a very long time and have seen Spotify through many different chapters. Nearly three years ago, when we stepped into our role as co-Presidents, we charged our teams with relentlessly focusing on building the best and most valuable experience available anywhere and that ambition hasn't changed. While we bring different experiences and perspectives to the CEO role, we both have a strong bias to action and can't wait to get started knowing that we will have Daniel's full partnership and ongoing support.
These changes will all be effective January 1, 2026.
The company will host a live question and answer session to discuss the transition on Tuesday, September 30th at 8:30amEST. A live webcast of the call will be accessible at investors.spotify.com.
About Spotify Technology S.A.
Spotify's platform revolutionized music listening forever when we launched in 2008. Today, more listeners than ever can discover, manage and enjoy over 100 million tracks, nearly 7 million podcasts titles, and 350,000 audiobooks a la carte on Spotify. We are the world's most popular audio streaming subscription service with more than 696 million users, including 276 million subscribers across 184 markets.
Investor Relations:
Bryan Goldberg
ir@spotify.com
investors.spotify.com
Public Relations:
Dustee Jenkins
press@spotify.com
Most recent headlines
09/11/2025
Dalet today announced a transformative leap forward for media operations: Agentic Artificial Intelligence (AI) that unifies the Dalet ecosystem under one natura...
06/10/2025
France T l visions, France's leading broadcaster, has received the 2025 EBU ...
30/09/2025
SVG All-Stars: Emily Colter, Producer, Postproduction, YES NetworkThe Fordham grad and Yankees fan is one of the New York RSN's vital talentsBy Brandon Cost...
30/09/2025
ESPN Puts UmpCam, On-field RF Gimbals at All Four Venues for MLB Wild Card RoundWith ratings on the rise, the broadcaster faces a potential 12 postseason games ...
30/09/2025
Prime Video To Open NBA Coverage With Interactive Broadcast Features1080p HDR streams will have live stats and betting overlays, shopping integration, and multi...
30/09/2025
Atlanta United Gains More Space for Productions, Creative Projects at New Emory ...
30/09/2025
LOS ANGELES, CA, September 30, 2025 - The nonprofit Sundance Institute announced...
30/09/2025
The following press release went live on Business Wire earlier today. You can al...
30/09/2025
Spotify and Merlin, the digital music licensing partner for the world's leading independents, today announced the renewal of their global, multiyear licensi...
30/09/2025
Earlier today, Founder & CEO Daniel Ek shared the following note with all Spotify employees. More detail can also be found in the press release here.
Team,
I...
30/09/2025
Johannesburg, South Africa, 29 September 2025: The National Film and Video Found...
30/09/2025
If IBC 2024 was a show with pace and purpose, IBC 2025 brought clarity. From the first visitor to the last meeting, conversations on our stand kept circling b...
30/09/2025
eds3_5_jq(document).ready(function($) { $(#eds_sliderM519).chameleonSlider_2_1({...
30/09/2025
Blue Lucy's key takeaways from this year's show: Attendance at this year's IBC was apparently flat, and the numbers suggest market confidence is sti...
30/09/2025
Demystifying Control 2 What's in an Interface? Often at Apogee when we're talking about interfaces we're talking about the physical devices that br...
30/09/2025
aconnic AG (ISIN: DE000A0LBKW6), Munich, announces that the company has initiated restructuring measures in Switzerland by filing for insolvency proceedings for...
30/09/2025
WASHINGTON The FCC today voted to seek public comment on whether to retain, modify, or eliminate several longstanding broadcast ownership regulations in light o...
30/09/2025
NEW YORK Actresses Drew Barrymore and Sheryl Lee Ralph and ESPN Chairman Jimmy Pitaro are among the 15 broadcast, cable and streaming TV influencers, innovators...
30/09/2025
NEW YORK Dalet unveiled Dalia, the company's Agentic Artificial Intelligence (AI) solution that unifies the Dalet ecosystem under a single, natural-language...
30/09/2025
WASHINGTON Amid a looming government shutdown, the Federal Communications Commission today is expected to vote to solicit public comment on updating TV and broa...
30/09/2025
Nominations for the 2025 annual Media and Entertainment: Best in Market Awards are now open. The awards are open to companies that launched a product/service or...
30/09/2025
Iconik Review, a set of enhanced review and approval features built into Iconik by Backlight, has been named a recipient of Future's Best of Show Award, pre...
30/09/2025
The SAG-AFTRA Foundation had a vision to bring its members together. That vision resulted in the Meryl Streep Center for Performing Artists. The Center they cre...
30/09/2025
Hiltron reports a high level of visitor interest in its wide range of satellite communication products, system integration skills and related services throughou...
30/09/2025
At SCTE TechExpo25, Harmonic (NASDAQ: HLIT) and Mediacom Communications, the fifth-largest cable operator in the U.S., will showcase cutting-edge DOCSIS 4.0 tec...
30/09/2025
Ikegami reports a successful IBC 2025 show, held at its usual Amsterdam RAI location September 12-15. Making their IBC debut were the new UHL-X40 ultra-compact ...
30/09/2025
Two analysts from Needham Securities think Disney should move all of its TV content onto the Disney Hulu and ABC apps and shut down its broadcast operations, ci...
30/09/2025
NEW YORK Consumers of local broadcast news continue to deem it as a valuable source of information whether it's political races, local sports teams or weath...
30/09/2025
NEW YORK Locality has launched its Advanced Audience Engine, a proprietary identity and activation engine that redefines how advertisers engage local audiences....
30/09/2025
PHILADELPHIA Comcast Corp. today announced that Michael J. Cavanagh has been named co-CEO of the company, effective January 2026. He will serve alongside Brian ...
30/09/2025
BRANSON, Mo. Link Electronics has unveiled the Gemini Dual Caption Encoder, a next-generation captioning solution for broadcasters and institutions....
30/09/2025
Amplify Berklee 2025 Celebrates the Next Generation of Berklee City Music's ...
30/09/2025
September 30th, 2025
Tribeca Expands Fall Slate of Membership Events with New Additions
Advance Screenings of Harlan Cobens Lazarus and Lost and Found in...
30/09/2025
Tuesday 30 September 2025
This weekend was the most watched in Sky Sports history as 8.8 million viewers tuned in to an unmissable line-up of live entertainmen...
30/09/2025
Back to All News
Countdown Begins for the First Cross-Border Physical Showdown:...
30/09/2025
Back to All News
Introducing Netflix Creators Dojo in Japan to Support Talent Development
Entertainment
30 September 2025
GlobalJapan
Link copied to clip...
30/09/2025
Back to All News
Mystery Romance Series Had I Not Seen The Sun' Drops in T...
30/09/2025
Back to All News
Netflix Releases the Electrifying Trailer for Rulers of Fortun...
30/09/2025
Back to All News
Target Heads to Hawkins: Retailer Reveals Plans to Be Ultimate...
30/09/2025
LinkedIn Celebrates National AI in Work Day to Help Professionals Find Their Edge Published on Sep 30, 2025 Categories: Data and insights, Featured News
Li...
30/09/2025
FOX Sports Partners with Tubi to Stream 2025 NFL Thanksgiving Day Game: Green Ba...
30/09/2025
Editor's note: This blog is a part of Into the Omniverse, a series focused o...
29/09/2025
Live From the Ryder Cup: NBC Sports Tackles New World-Feed Philosophy as ST 2110...
29/09/2025
Paramount Announces Landmark Media Rights Agreement With Zuffa BoxingBy SVG Staff
Monday, September 29, 2025 - 10:04 am
Print This Story | Subscribe
Story...
29/09/2025
Creation and cooperation: World Rugby on looking ahead to increase diversity beh...
29/09/2025
ROOT Sports Bids Farewell After Broadcasting Seattle Mariners' Regular Seaso...
29/09/2025
Live From Dublin: Vikings-Steelers NFL Dublin Game Kicks Off 2025 Europe SlateAiring on NFL Network, the show was produced by FOX SportsBy Fergal Ringrose, SVG ...
29/09/2025
The Canon C50 delivers powerful cinema performance in a compact form factor. At Zacuto, we've designed a new line of Canon C50 accessories that give you fle...
29/09/2025
The Consumer Technology Association told the Federal Communications Commission last week that it believes the current Emergency Alert System is highly effective...
The following press release went live on Business Wire earlier today. You can also find more detail here in Founder & CEO Daniel Ek's letter to employees.
