Spotify Announces Leadership Evolution: Daniel Ek to Become Executive Chairman, Alex Norström and Gustav Söderström to Become Co-CEOs in January 2026
Stockholm and New York — 30 September, 2025
Today, Spotify (NYSE: SPOT) announced that Founder and Chief Executive Officer Daniel Ek will transition to the role of Executive Chairman effective January 1, 2026. The company also announced Gustav Söderström, co-President and Chief Product and Technology Officer, and Alex Norström, co-President and Chief Business Officer, as its co-Chief Executive Officers. They will report to Daniel Ek and will also serve on the company’s Board of Directors subject to shareholder approval.
This evolution formalizes how Spotify has successfully operated since 2023 with the co-presidents largely leading strategic development and operational execution of Spotify. As Executive Chairman, Ek’s role will more closely reflect a European Chairman setup, where he will determine capital allocation, map the long term future of Spotify and continue to provide support and guidance to its senior team.
These changes will all be effective January 1, 2026.
The company will host a live question and answer session to discuss the transition on Tuesday, September 30th at 8:30amEST. A live webcast of the call will be accessible at investors.spotify.com.
Stockholm and New York — 30 September, 2025
Today, Spotify (NYSE: SPOT) announced that Founder and Chief Executive Officer Daniel Ek will transition to the role of Executive Chairman effective January 1, 2026. The company also announced Gustav Söderström, co-President and Chief Product and Technology Officer, and Alex Norström, co-President and Chief Business Officer, as its co-Chief Executive Officers. They will report to Daniel Ek and will also serve on the company’s Board of Directors subject to shareholder approval.
This evolution formalizes how Spotify has successfully operated since 2023 with the co-presidents largely leading strategic development and operational execution of Spotify. As Executive Chairman, Ek’s role will more closely reflect a European Chairman setup, where he will determine capital allocation, map the long term future of Spotify and continue to provide support and guidance to its senior team.
These changes will all be effective January 1, 2026.
The company will host a live question and answer session to discuss the transition on Tuesday, September 30th at 8:30amEST. A live webcast of the call will be accessible at investors.spotify.com.