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Spotify Names Christian Luiga New Finance Chief
Spotify names Christian Luiga its new chief financial officer — the company's third CFO in five years following the exit of Paul Vogel last month.
Spotify named Christian Luiga on Thursday (April 4) to be its new chief financial officer to replace Paul Vogel, who stepped down from the CFO role at the end of March. But it continues to routinely post operating losses as it struggles with the constraints of a business model dominated by high music licensing costs. Based in Sweden and answering to Spotify CEO Daniel Ek, Luiga will start the job during the late summer, according to a press release.
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