Whilst Spotify may have lost some employees they’ve also made some major additions, particularly their nabs from the BBC which includes BBC’s head of music and BBC Radio 1’s Austin Daboh. Spotify recently revealed that they had gained 10 million new paying subscribers in 6 months, an incredible achievement compared to any service. Whilst Spotify have seen a number of their top positions left this year, like chief revenue officer Jeff Levick, they’ve retained unparalleled growth and success. Lorentzon said on Twitter: “I’m looking forward to another 10 years at Spotify as vice-chairman, going on walks with and talking to Daniel daily.” Whilst Ek will now take on all the main responsibilities as CEO and chairman of Spotify, Lorentzon will still have a powerful say in his new role but with less responsibility. Now after a long run as chairman Lorentzon is stepping down to take a vice-chairman position, to be replaced by Spotify CEO Daniel Ek. Martin Lorentzon co-founded the world’s most successful streaming service, Spotify, with Daniel Ek 8 years ago. Martin Lorentzon has stepped down as chairman at Spotify for a smaller role as Spotify chief executive Daniel Ek takes his place.
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