#co-ceos

#co-ceos

"As Executive Chairman, I will spend more of my time on the long arc: strategy, capital allocation, regulatory efforts, and the calls that will shape the next decade for Spotify," Ek said in a statement. "Gustav and Alex will continue to report to me, and we will work closely together with our Board of Directors."

When two leaders are involved in decision-making, compromise occurs, leading to diluted instincts and convictions often critical for achieving exceptional outcomes. Managing towards a middle-ground is detrimental.