Spotify founder Daniel Ek stepping down as CEO, company names co-CEOs to replace him
1. Spotify CEO Daniel Ek will transition to executive chairman. 2. Shares fell approximately 4% after the announcement. 3. New co-CEOs Gustav Söderström and Alex Norström will lead operations. 4. Ek emphasizes continuity despite change in leadership roles. 5. Ek remains focused on long-term strategy for Spotify.