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Deezer CEO Jeronimo Folgueira Exits
Deezer CEO Jeronimo Folgueira is leaving the company to "pursue personal projects."
He cited “not only the strong 2023 financial results announced today and our listing on Euronext Paris, but also the adoption of our new brand identity, our evolution to an experience service platform, and the introduction of the new artist centric payment system.” “Together, we have accelerated the development of Deezer… and put us on a path to profitability and free cash flow generation, in line with our commitments since the IPO,” added Iris Knobloch, chairwoman of Deezer’s board of directors, in her own statement. “Deezer is back on a growth trajectory and can now build from a solid foundation, with a talented management team to capture the many opportunities in a rapidly evolving music market.”
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