Spotify Technology S.A. (639.F)

116.48 +1.90 (+1.66%) At close: 03:31PM CET

Spotify Technology S.A.

42-44, avenue de la Gare
Luxembourg City 1610
Luxembourg

https://www.spotify.com

Sector(s): Communication Services
Industry: Internet Content & Information
Full-time employees: 6,617

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Daniel G. Ek	Founder, CEO & Chairman	104.89k	N/A	1983
Mr. Sven Martin Lorentzon	Co-Founder & Director	N/A	N/A	1969
Mr. Paul Aaron Vogel	Chief Financial Officer	608.7k	362.82k	1973
Mr. Alex Norström	Chief Freemium Bus. Officer	438.05k	33.01M	1977
Mr. Gustav Söderström	Chief R&D Officer	427.03k	33.08M	1978
Ms. Dawn Ostroff	Chief Content & Advter. Bus. Officer	1.39M	4.71M	1960
Mr. Paul Sawyer	Controller & Chief Accounting Officer	N/A	N/A	N/A
Mr. Bryan Daniel Goldberg	Head of Investor Relations	N/A	N/A	N/A
Ms. Eve Konstan	Gen. Counsel	N/A	N/A	1969
Ms. Dustee Tucker Jenkins	Global Head of Public Affairs	N/A	N/A	1979

Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

Spotify Technology S.A., together with its subsidiaries, provides audio streaming services worldwide. It operates through Premium and Ad-Supported segments. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers. The Ad-Supported segment provides on-demand online access to its catalog of music and unlimited online access to the catalog of podcasts to its subscribers on their computers, tablets, and compatible mobile devices. The company also offers sales, marketing, contract research and development, and customer support services. As of December 31, 2021, its platform included 406 million monthly active users and 180 million premium subscribers in 184 countries and territories. The company was incorporated in 2006 and is based in Luxembourg, Luxembourg.

Corporate governance

Spotify Technology S.A.’s ISS governance QualityScore as of 1 October 2022 is 6. The pillar scores are Audit: 7; Board: 6; Shareholder rights: 4; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.