Why Spotify CEO Daniel Ek Is Stepping Down After Nearly Two Decades

About Why Spotify CEO Daniel Ek Is Stepping Down After Nearly Two Decades

Daniel Ek, the billionaire founder of Spotify, is stepping down after nearly two decades leading the company. His departure reflects a shift in focus toward backing innovative moonshot tech enterprises aimed at solving major global challenges. Ek's vision transformed the music streaming industry, but now he is focusing on ambitious technology ventures. This move signals a new chapter for Spotify and highlights Ek’s interest in leveraging technology to address some of the world's toughest problems.