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Spotify CEO Stepping Down In Leadership Change. Stock Slips.

Published 1 month ago • Sep 30, 2025 at 2:28 PM • Negative
Spotify CEO Stepping Down In Leadership Change. Stock Slips.
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S1PO34.SA Spotify Technol...
Spotify stock slipped early Tuesday after the streaming music leader announced that founder and Chief Executive Daniel Ek was stepping down. Ek will take on the role of executive chairman on Jan. 1. Spotify named current co-presidents Gustav Soderström, who is also chief product and technology Officer, and Alex Norstrom, who serves chief business officer, as new co-CEOs.

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