Spotify CEO Ek to replace Lorentzon as company chairman

Friday 14 October 2016 | 14:29 CET | News
The chairman of Swedish music streaming service Martin Lorentzon has announced that he's stepping down as chairman after ten years, to be replaced to by current chief executive Daniel Ek. Co-founder Lorentzon has been chairman for ten years and said in a Twitter that he looked forward to another ten years at Spotify as vice chairman. The company currently has over 100 million monthly users, including 40 million paying customers, and posted revenues of EUR 1.9 billion last year.

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Categories: Internet / Mobile & Wireless
Companies: Spotify
Countries: World
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