Spotify Announces Addition to Board of Directors
February 16 2021 - 8:00AM
Business Wire
Spotify (NYSE: SPOT) today announced that Mona Sutphen will join
the Spotify Board of Directors in April of 2021, subject to
shareholder approval. Ms. Sutphen is a private equity advisor and a
co-founder/advisor for several technology start-ups, and was a
senior White House official during the Obama Administration.
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Mona Sutphen (Photo: Business Wire)
“Mona has built a career in both the private and public sectors
advising leaders on international and U.S. domestic policy,
technology, macroeconomics and trade, and human rights...and that’s
just the tip of the iceberg,” said Daniel Ek, Spotify Founder, CEO
and Chairman of the Board. “Mona will bring a new and highly
valuable perspective to the Board as we focus on driving our
strategy forward during this time of exceptional change around the
world.”
“I’m very much looking forward to joining the Spotify Board of
Directors,” said Ms. Sutphen. “Spotify has been a revolutionary
force and impressive innovator in the audio industry, transforming
the content landscape globally. I’m excited to be a part of its
continued evolution and expansion.”
Ms. Sutphen is currently a Senior Advisor at The Vistria Group,
a Chicago-based private equity firm, and is a venture advisor and
co-founder of several technology start-ups. Previously, she was a
partner at Macro Advisory Partners (MAP), where she led the firm’s
U.S. practice advising leading global corporates on emerging risks
and opportunities across a range of sectors, including technology
platform regulation, market entry strategies, and political
dynamics and regulatory risks in the U.S., China and Europe. Prior,
Ms. Sutphen was a managing director at UBS AG, where she developed
new tools for political risk evaluation impacting capital
markets.
From 2009 to 2011, she served as White House Deputy Chief of
Staff for Policy for President Barack Obama, advancing the
administration’s policy and regulatory agenda including on
technology policy, and served on the President’s Intelligence
Advisory Board from 2013-2016. Ms. Sutphen is an Independent
Director for Pattern Energy and a Trustee of Putnam Mutual Funds.
She is a member of the Council on Foreign Relations, serves on the
Boards of the International Rescue Committee and Human Rights
First, and is a Trustee of Mount Holyoke College.
The appointment is subject to shareholder approval at Spotify’s
Annual General Meeting on April 21, 2021.
About Spotify Technology S.A.
Spotify is the world’s most popular audio streaming subscription
service with a community of more than 345 million Monthly Active
Users and 155 million Premium Subscribers. With a presence in 93
markets, and more than 70 million tracks including 2.2 million
podcast titles, it has transformed the way people access and enjoy
music and podcasts.
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version on businesswire.com: https://www.businesswire.com/news/home/20210216005146/en/
Investor Relations: Bryan Goldberg ir@spotify.com
investors.spotify.com
Public Relations: Dustee Jenkins press@spotify.com
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