Spotify Appoints Christian Luiga as New CFO

Christian Luiga, previously with Saab, joins Spotify as CFO amid the company's strategic shifts towards profitability.

Christian Luiga, a senior executive from Saab, has been named Spotify's new CFO, replacing Paul Vogel.
Luiga's appointment follows Spotify's recent efforts to improve profitability, including layoffs and price increases.
Spotify plans to raise prices in five markets by the end of April, with a U.S. increase expected later this year.
The company aims to grow its user base to 1 billion by 2030 through expansions into podcasts and audiobooks.
Luiga will start in the third quarter of 2024, with Ben Kung serving as interim CFO until then.