Spotify CEO Daniel Ek Steps Down, New Co-CEOs Named
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Spotify CEO Daniel Ek is stepping down in January, transitioning to an executive chairman role. Co-CEOs Gustav Söderström and Alex Norström will take over leadership. Ek cited his long-term focus on strategy and capital allocation as the reason for the change, noting Spotify's global growth and profitability. This announcement comes amid artist protests over Ek's investment in a defense technology company, leading some musicians to remove their music from the platform.
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