Spotify Technology Management
Management criteria checks 3/4
Spotify Technology's CEO is Daniel Ek, appointed in Jan 2006, has a tenure of 18.25 years. directly owns 6.77% of the company’s shares, worth €3.64B. The average tenure of the management team and the board of directors is 4.6 years and 6.8 years respectively.
Key information
Daniel Ek
Chief executive officer
€1.3m
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 18.3yrs |
| CEO ownership | 6.8% |
| Management average tenure | 4.6yrs |
| Board average tenure | 6.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -€110m |
| Dec 31 2023 | €1m | n/a | -€532m |
| Sep 30 2023 | n/a | n/a | -€732m |
| Jun 30 2023 | n/a | n/a | -€963m |
| Mar 31 2023 | n/a | n/a | -€786m |
| Dec 31 2022 | €169k | n/a | -€430m |
| Sep 30 2022 | n/a | n/a | -€199m |
| Jun 30 2022 | n/a | n/a | -€31m |
| Mar 31 2022 | n/a | n/a | €74m |
| Dec 31 2021 | €92k | n/a | -€34m |
| Sep 30 2021 | n/a | n/a | -€120m |
| Jun 30 2021 | n/a | n/a | -€223m |
| Mar 31 2021 | n/a | n/a | -€559m |
| Dec 31 2020 | €401k | n/a | -€581m |
| Sep 30 2020 | n/a | n/a | -€665m |
| Jun 30 2020 | n/a | n/a | -€323m |
| Mar 31 2020 | n/a | n/a | -€43m |
| Dec 31 2019 | €300k | n/a | -€186m |
| Sep 30 2019 | n/a | n/a | €465m |
| Jun 30 2019 | n/a | n/a | €267m |
| Mar 31 2019 | n/a | n/a | -€51m |
| Dec 31 2018 | €2k | n/a | -€78m |
| Sep 30 2018 | n/a | n/a | -€1b |
| Jun 30 2018 | n/a | n/a | -€1b |
| Mar 31 2018 | n/a | n/a | -€1b |
| Dec 31 2017 | €1m | €367k | -€1b |
Compensation vs Market: Daniel's total compensation ($USD1.39M) is below average for companies of similar size in the German market ($USD5.58M).
Compensation vs Earnings: Daniel's compensation has increased whilst the company is unprofitable.
CEO
Daniel Ek (40 yo)
18.3yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 18.3yrs | €1.30m | 6.77% € 3.6b | |
| Chief Business Officer & Co-President | 1.2yrs | €11.55m | 0.021% € 11.2m | |
| Co-President | 1.2yrs | €13.29m | 0.0045% € 2.4m | |
| Co-Founder & Director | 18.3yrs | €404.86k | 10.83% € 5.8b | |
| Chief Public Affairs Officer | no data | €3.95m | 0.0058% € 3.1m | |
| Chief Financial Officer | no data | no data | no data | |
| Controller & Chief Accounting Officer | 4.6yrs | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| General Counsel | no data | no data | 0.0070% € 3.7m | |
| Chief Human Resources Officer | no data | no data | 0.023% € 12.6m | |
| Co-Head of Music | no data | no data | no data | |
| VP & Head of Marketplace | 7.1yrs | no data | no data |
4.6yrs
Average Tenure
49.5yo
Average Age
Experienced Management: 639's management team is considered experienced (4.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 15.8yrs | €1.30m | 6.77% € 3.6b | |
| Co-Founder & Director | 15.8yrs | €404.86k | 10.83% € 5.8b | |
| Lead Independent Director | 8.8yrs | €380.59k | 0.028% € 14.8m | |
| Independent Director | 6.8yrs | €440.60k | 0.012% € 6.3m | |
| Independent Director | 6.8yrs | €404.86k | 0.025% € 13.5m | |
| Independent Director | 6.8yrs | €332.21k | 0.0034% € 1.8m | |
| Independent Director | 7.6yrs | €404.86k | 0.0068% € 3.7m | |
| Independent Director | 6.3yrs | €307.98k | 0.0032% € 1.7m | |
| Independent Director | 3yrs | €716.34k | no data | |
| Director | 4.3yrs | €565.26k | 0.19% € 103.5m |
6.8yrs
Average Tenure
56yo
Average Age
Experienced Board: 639's board of directors are considered experienced (6.8 years average tenure).