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Spotify appointed Christian Luiga as CFO, focusing on profit growth through layoffs and price hikes. The company aims to expand into podcasts and audiobooks to reach 1 billion users by 2030.
Paul Vogel joined the company in 2016 as the head of investor relations and was promoted to the position of CFO in 2020.
Vogel's departure marks the culmination of an eight-year tenure within the music-streaming giant.
Spotify's CFO, Paul Vogel, will resign in March next year after eight years with the company. Spotify CEO Daniel Ek stated that Vogel lacked the neces