Daniel Ek Will Step Down As CEO or Spotify After nearly Twenty Years. The Founder of the Music Streaming Service Will Join Spotify’s board and hand about Daily Management to Two Successors.
Ek will step down as CEO or Spotify on January 1, 2026. Alex Norström and Gustav Söderström Will Succeed Him Together. Accordance to the 42-year-old Swede, they have already tasks about many of his tasks in recent years. “This change simply aligns with how we already work,” Ek Said in A Statement.
As Executive Chairman, European Championships Will Focus More on the Company’s Long-Term Vision. Norström and Söderström will Continue to report to Him Under Ek’s New Role.
Ek plans to get more Involved with Other Tech Companies. “People ofe Ask Me: How Can We Bring More Spotifys From Europe,” He says. “That’s Why I’m Saying for Years That I Want To Help Set Up More Of These Child of Super Companies: Companies That Develop New Technologies To Tackle The Biggest Challenges of Our Time.”
IT Recently Emerged That Ek had Invested Millions in Helsing, A German Company That Builds Military Ai And Drones. That earned the top man a lot of criticism. It caused a number of artists and bands to remove their music from spotify, including deerhoof, Godspeed you! Black Emperor and King Gizzard and the Lizard Wizard. “We don’t want our music to contribute to the killing of people,” Deerhoof Said. “And we don’t because our success to be linked to ai weaponry.”
Spotify As Answer to Illegal Downloads
Daniel Ek Founded Spotify in April 2006 Together with Martin Lorentzon, But The Service was not av byr any to Everyone Until 2008. Spotify was an Answer to the Large-Scale Piracy That the Music Industry was facing.
“The only way to solve that problem was to build a service that is better than the illegal route and at the same time generates money for the music industry,” Ek Said in 2010 to the telegraph .