(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.)
On their new album "Foreign Tongues", the Rolling Stones are brimming with energy and a…
Stroking a dog or riding a horse can release oxytocin and ease stress and anxiety.…
By Hanna Rantala LONDON, July 7 (Reuters) - Rock musical "Jesus Christ Superstar" returns to…
By Jody Godoy July 7 (Reuters) - The Oregon attorney general will ask a court…
By Hanna Rantala LONDON, July 7 (Reuters) - Rock musical "Jesus Christ Superstar" returns to…
By Jody Godoy July 7 (Reuters) - The Oregon attorney general will ask a court…