![]() The company is in the midst of critical negotiations with record companies that will determine how much Spotify pays to carry music on its service. ![]() and Pandora Media Inc. He’s taking a page from other technology industry founders such as Facebook Inc.’s Mark Zuckerberg - who maintain tight control over the leadership and direction of their companies - as he oversees a growing staff spread across Stockholm, London, New York and Los Angeles. “I look forward to another 10 years at Spotify as vice chairman,” Lorentzon tweeted.Įk is leading the company as it prepares to make its case to public-market investors and takes on a growing list of rivals, including Apple Inc., Inc. Lorentzon will become vice chairman, he said Thursday on his Twitter feed. Martin Lorentzon, a co-founder of Spotify, is stepping down from his role as chairman after 10 years, a Spotify spokeswoman said in an e-mail. ![]() Spotify co-founder and Chief Executive Officer Daniel Ek is consolidating power over the world’s largest music streaming service, taking on the role of chairman ahead of a planned initial public offering as soon as next year. ![]()
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