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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Spotify Technology SA | NYSE:SPOT | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 321.28 | 4 | 09:38:34 |
By Ben Glickman
Spotify Technology's Finance Chief Paul Vogel will leave the company March 31, with the company launching an external search for his replacement.
The music-streaming platform said Ben Kung, vice president of financial planning and analysis, would take on financial chief responsibilities on an interim basis.
Vogel has served as financial chief since January 2020 and initially joined the company in June 2016.
Chief Executive Daniel Ek said he and Vogel had discussed that "Spotify is entering a new phase and needs a CFO with a different mix of experiences."
The announcement comes days after Spotify said it would cut about 17% of its workforce as it speeds up its push toward profitability.
Write to Ben Glickman at ben.glickman@wsj.com
(END) Dow Jones Newswires
December 07, 2023 16:53 ET (21:53 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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