Spotify Technology S.A. (SPOT.VI)

292.45 +9.25 (+3.27%) At close: 05:32PM CEST

Spotify Technology S.A.

5, Place de la Gare
Luxembourg City 1616
Luxembourg

https://www.spotify.com

Sector(s): Communication Services
Industry: Internet Content & Information
Full-time employees: 7,721

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Daniel G. Ek	Founder, CEO & Chairman	1.34M	N/A	1983
Mr. Alex Norström	Chief Business Officer & Co-President	380.33k	3.71M	1978
Mr. Gustav Söderström	Co-President, Chief Product & Technology Officer	352.61k	4.13M	1978
Mr. Sven Martin Lorentzon	Co-Founder & Director	N/A	N/A	1969
Ms. Dustee Tucker Jenkins	Chief Public Affairs Officer	2.43M	487.01k	1979
Ben Kung	Interim CFO and VP of Financial Planning & Analysis	N/A	N/A	N/A
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	General Counsel	N/A	N/A	1969
Ms. Katarina Berg	Chief Human Resources Officer	N/A	N/A	1968

Amounts are as of 31 December 2023, 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 subscription services worldwide. It operates through two segments, Premium and Ad-Supported. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers. This segment sells directly to the end users. 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 users on their computers, tablets, and compatible mobile devices. The company also offers sales, distribution and marketing, contract research and development, and customer and other support services. Spotify Technology S.A. was incorporated in 2006 and is based in Luxembourg City, Luxembourg.

Corporate governance

Spotify Technology S.A.’s ISS governance QualityScore as of 1 June 2024 is 8. The pillar scores are Audit: 3; Board: 9; Shareholder rights: 10; 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.