(Reuters) -Spotify said on Tuesday its founder-CEO Daniel Ek will shift to executive chairman role from January 1, while Gustav Soderstrom and Alex Norstrom will become co-CEOs. Shares of the company fell around 4% in premarket trading. The move formalizes a structure in place since 2023, with the co-presidents leading strategy and operations, the company said. Ek will focus on capital allocation and long-term strategy in a European-style chairman role. (Reporting by Jaspreet Singh in Bengaluru; Editing by Arun Koyyur)
(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)
Berlin (dpa) - Having someone you share a special emotional bond with, walk hand in…
Donville-les-Bains (dpa) – Try this delicious recipe for scallops, created by a Normandy restaurant famous…
Berlin (dpa) - The great thing about pumpkin is that it's incredibly versatile in the…
उदय राज आनंद, सीईओ – डोमेस्टिक बिजनेस, पारिजात इंडस्ट्रीज नई दिल्ली, 21 अक्टूबर: खरीफ़ सीजन के बाद, भारत का…
Los Angeles (tca/dpa) - My boyfriend turned 50 this year. He didn't buy an expensive…
Los Angeles (PA Media/dpa) - People have long been warned that eating late at night leads…