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Christian Luiga Named Spotify Chief Financial Officer
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Spotify Technology S.A. appoints Christian Luiga as new Chief Financial Officer, bringing extensive experience from Saab AB and Telia. Luiga will oversee key financial functions and join in Q3 2024.
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NEW YORK--(BUSINESS WIRE)--
Spotify Technology S.A. (NYSE: SPOT) today announced the appointment of Christian Luiga as its new Chief Financial Officer. Christian joins Spotify from Saab AB, a European defense and security company, where he served as Deputy Chief Executive Officer and Chief Financial Officer. Prior to joining Saab AB, Christian also held several key leadership roles including CFO and acting CEO and President at European telecommunications company, Telia. He will be based in Sweden and have responsibility for the following functions: financial planning and analysis, audit and risk, investor relations, accounting, corporate development, tax and treasury. The company currently plans for Christian to join in Q3 of 2024. Ben Kung, Spotify Vice President of Financial Planning and Analysis, who has been a leader on our finance team for several years will serve as interim CFO.
Christian Luiga (Photo: Business Wire)
About Spotify Technology S.A.
Spotify’s platform revolutionized music listening forever when we launched in 2008. Today, more listeners than ever can discover, manage and enjoy over 100 million tracks, more than 5 million podcasts titles, and 350,000 audiobooks a la carte on Spotify. We are the world’s most popular audio streaming subscription service with more than 602 million users, including 236 million subscribers across 184 markets.
Who is the new Chief Financial Officer of Spotify Technology S.A.?
Christian Luiga is the new Chief Financial Officer of Spotify Technology S.A., joining from Saab AB.
What is Christian Luiga's background?
Christian Luiga previously served as Deputy CEO and CFO at Saab AB, and held leadership roles at European telecommunications company, Telia.
When will Christian Luiga join Spotify Technology S.A.?
Christian Luiga is expected to join Spotify in Q3 of 2024.
Who will serve as interim CFO until Christian Luiga joins?
Ben Kung, Spotify Vice President of Financial Planning and Analysis, will serve as interim CFO.
What functions will Christian Luiga be responsible for?
Christian Luiga will oversee financial planning and analysis, audit and risk, investor relations, accounting, corporate development, tax, and treasury.
Spotify is a Swedish audio streaming and media services provider founded in 2006 by Daniel Ek and Martin Lorentzon. It is one of the largest music streaming service providers, with over 551 million monthly active users, including 220 million paying subscribers, as of June 2023. Spotify is listed on the New York Stock Exchange in the form of American depositary receipts.
