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Spotify Technology S.A. (SPOT)

NYSE - Nasdaq Real-time price. Currency in USD
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107.00+4.81 (+4.71%)
At close: 04:00PM EDT
105.98 -1.02 (-0.95%)
After hours: 07:25PM EDT

Spotify Technology S.A.

42-44, avenue de la Gare
Luxembourg City 1610
Luxembourg

https://www.spotify.com

Sector(s)Communication Services
IndustryInternet Content & Information
Full-time employees6,617

Key executives

NameTitlePayExercisedYear born
Mr. Daniel G. EkFounder, CEO & Chairman104.89kN/A1983
Mr. Sven Martin LorentzonCo-Founder & DirectorN/AN/A1969
Mr. Paul Aaron VogelChief Financial Officer608.7k362.82k1973
Mr. Alex NorströmChief Freemium Bus. Officer438.05k33.01M1977
Mr. Gustav SöderströmChief R&D Officer427.03k33.08M1978
Ms. Dawn OstroffChief Content & Advter. Bus. Officer1.39M4.71M1960
Mr. Paul SawyerController & Chief Accounting OfficerN/AN/AN/A
Mr. Bryan Daniel GoldbergHead of Investor RelationsN/AN/AN/A
Ms. Eve KonstanGen. CounselN/AN/A1969
Ms. Dustee Tucker JenkinsGlobal Head of Public AffairsN/AN/A1979
Amounts are as of 31 December 2021, 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 through Premium and Ad-Supported segments. 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 on their computers, tablets, and compatible mobile devices. The company also offers sales, marketing, contract research and development, and customer support services. As of December 31, 2021, its platform included 406 million monthly active users and 180 million premium subscribers in 184 countries and territories. The company was incorporated in 2006 and is based in Luxembourg, Luxembourg.

Corporate governance

Spotify Technology S.A.’s ISS governance QualityScore as of 1 June 2022 is 6. The pillar scores are Audit: 7; Board: 6; Shareholder rights: 4; 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.