![]() ![]() "I look forward to another 10 years at Spotify as vice chairman," Lorentzon said.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, Amazon and Pandora. ( Also see: Spotify Debuts in Japan, Complete With Karaoke Lyrics) 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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