Daniel Ek

Spotify CEO Daniel Ek will become executive chairman on January 1, 2026, with co-presidents Gustav Söderström and Alex Norström jointly taking over as co-CEOs. This leadership shift aims to streamline decision-making and foster innovation in the increasingly competitive audio streaming market. Ek will focus on long-term strategy, while the co-CEOs will manage day-to-day operations. The market is watching how this unconventional leadership structure impacts Spotify’s navigation of challenges like competition and evolving technologies.