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flag Spotify's founder Daniel Ek steps down as CEO in January, handing over to co-CEOs Alex Norén and Gustav Söderström amid strategic shifts and cost cuts.

flag Spotify founder Daniel Ek is stepping down as CEO in January, transitioning to executive chairman to focus on long-term strategy, as the company adopts a co-CEO structure with Alex Norén and Gustav Söderström taking over day-to-day leadership. flag The move, aimed at strengthening long-term growth amid competition and rising costs, follows a year of strong financial performance, strategic shifts, and leadership changes, including a $1 billion share sell-off and 1,500 job cuts.

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