Spotify Technology SA

SPOT: XNYS (USA)
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Spotify: CEO Transition Doesn't Change Our Forecast

Spotify announced on Sept. 30 that its founder, Daniel Ek, will relinquish his role as CEO at year-end and become executive chairman. The firm has named co-CEOs to succeed him: Chief Product and Technology Officer Gustav Soderstrom and Chief Business Officer Alex Norstrom.

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