UK Markets open in 7 hrs 28 mins

Spotify Technology S.A. (SPOT)

NYSE - NYSE Delayed price. Currency in USD
Add to watchlist
235.35+0.84 (+0.36%)
At close: 4:00PM EDT

Spotify Technology S.A.

42-44, avenue de la Gare
Luxembourg 1610
Luxembourg

http://www.spotify.com

Sector(s)Communication Services
IndustryInternet Content & Information
Full-time employees6,794

Key executives

NameTitlePayExercisedYear born
Mr. Daniel G. EkFounder, CEO & Chairman490.33k10.06M1983
Mr. Sven Martin LorentzonCo-Founder & DirectorN/AN/A1969
Mr. Paul Aaron VogelChief Financial Officer629.54k5.25M1973
Mr. Alex NorströmChief Freemium Bus. Officer481.39k6.51M1977
Mr. Gustav SöderströmChief R&D Officer460.41k19.22M1977
Ms. Dawn OstroffChief Content & Advter. Bus. Officer1.09M7.9M1960
Mr. Paul SawyerController & Chief Accounting OfficerN/AN/AN/A
Mr. Bryan Daniel GoldbergHead of Investor RelationsN/AN/AN/A
Mr. Horacio GutierrezHead of Global Affairs & Chief Legal OfficerN/AN/A1965
Ms. Katarina BergChief HR OfficerN/AN/A1968
Amounts are as of 31 December 2020, 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 USD.

Description

Spotify Technology S.A., together with its subsidiaries, provides audio streaming services worldwide. It operates in 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. 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 with no subscription fees. The company also offers sales, marketing, contract research and development, and customer support services. As of December 31, 2020, its platform included 345 million monthly active users and 155 million premium subscribers in 93 countries and territories. The company was founded in 2006 and is based in Luxembourg, Luxembourg.

Corporate governance

Spotify Technology S.A.’s ISS governance QualityScore as of 1 June 2021 is 7. The pillar scores are Audit: 5; Board: 6; Shareholder rights: 9; 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.