Spotify Technology S.A.

BOVESPA:S1PO34 Stock Report

Market Cap: R$557.3b

Spotify Technology Management

Management criteria checks 4/4

Spotify Technology's CEO is Daniel Ek, appointed in Jan 2006, has a tenure of 18.83 years. directly owns 6.64% of the company’s shares, worth R$37.02B. The average tenure of the management team and the board of directors is 4.8 years and 7.4 years respectively.

Key information

Daniel Ek

Chief executive officer

€1.3m

Total compensation

CEO salary percentagen/a
CEO tenure18.8yrs
CEO ownership6.6%
Management average tenure4.8yrs
Board average tenure7.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Daniel Ek's remuneration changed compared to Spotify Technology's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

€701m

Jun 30 2024n/an/a

€466m

Mar 31 2024n/an/a

-€110m

Dec 31 2023€1mn/a

-€532m

Sep 30 2023n/an/a

-€732m

Jun 30 2023n/an/a

-€963m

Mar 31 2023n/an/a

-€786m

Dec 31 2022€169kn/a

-€430m

Sep 30 2022n/an/a

-€199m

Jun 30 2022n/an/a

-€31m

Mar 31 2022n/an/a

€74m

Dec 31 2021€92kn/a

-€34m

Sep 30 2021n/an/a

-€120m

Jun 30 2021n/an/a

-€223m

Mar 31 2021n/an/a

-€559m

Dec 31 2020€401kn/a

-€581m

Sep 30 2020n/an/a

-€665m

Jun 30 2020n/an/a

-€323m

Mar 31 2020n/an/a

-€43m

Dec 31 2019€300kn/a

-€186m

Sep 30 2019n/an/a

€465m

Jun 30 2019n/an/a

€267m

Mar 31 2019n/an/a

-€51m

Dec 31 2018€2kn/a

-€78m

Sep 30 2018n/an/a

-€1b

Jun 30 2018n/an/a

-€1b

Mar 31 2018n/an/a

-€1b

Dec 31 2017€1m€367k

-€1b

Compensation vs Market: Daniel's total compensation ($USD1.35M) is below average for companies of similar size in the BR market ($USD5.74M).

Compensation vs Earnings: Daniel's compensation has been consistent with company performance over the past year.

CEO

Daniel Ek (41 yo)

18.8yrs

Tenure

€1,296,792

Compensation

Mr. Daniel G. Ek is Co-Chairman of Helsing GmbH. He founded Spotify Limited in 2006 and serves as its Chief Executive Officer. Mr. Ek is Founder, Chief Executive Officer and Chairman of Spotify Technology...

Leadership Team

NamePositionTenureCompensationOwnership
Daniel Ek
Founder18.8yrs€1.30m6.64%
R$ 37.0b
Alex Norström
Chief Business Officer & Co-President1.8yrs€11.55m0.020%
R$ 113.8m
Gustav Söderström
Co-President1.8yrs€13.29m0.0044%
R$ 24.5m
Sven Lorentzon
Co-Founder & Director18.8yrs€404.86k10.63%
R$ 59.2b
Dustee Jenkins
Chief Public Affairs Officerno data€3.95m0.0057%
R$ 31.5m
Christian Luiga
Chief Financial Officerless than a yearno datano data
Paul Sawyer
Controller & Chief Accounting Officer5.2yrsno datano data
Bryan Goldberg
Head of Investor Relationsno datano datano data
Eve Konstan
General Counsel4.5yrsno data0.0068%
R$ 38.1m
Katarina Berg
Chief Human Resources Officerno datano data0.023%
R$ 128.0m
Jeremy Erlich
Co-Head of Musicno datano datano data
Charlie Hellman
VP & Head of Marketplace7.7yrsno datano data

4.8yrs

Average Tenure

50.5yo

Average Age

Experienced Management: S1PO34's management team is considered experienced (4.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Daniel Ek
Founder16.3yrs€1.30m6.64%
R$ 37.0b
Sven Lorentzon
Co-Founder & Director16.3yrs€404.86k10.63%
R$ 59.2b
Christopher Marshall
Lead Independent Director9.4yrs€380.59k0.027%
R$ 150.6m
Thomas Staggs
Independent Director7.4yrs€440.60k0.011%
R$ 64.1m
Shishir Mehrotra
Independent Director7.4yrs€404.86k0.025%
R$ 137.3m
Padmasree Warrior
Independent Director7.4yrs€332.21k0.0034%
R$ 18.7m
Theodore Sarandos
Independent Director8.2yrs€404.86k0.0067%
R$ 37.3m
Heidi O'Neill
Independent Director6.9yrs€307.98k0.0032%
R$ 17.6m
Mona Sutphen
Independent Director3.6yrs€307.98kno data
W. McCarthy
Director4.8yrs€565.26k0.19%
R$ 1.1b

7.4yrs

Average Tenure

57yo

Average Age

Experienced Board: S1PO34's board of directors are considered experienced (7.4 years average tenure).