Spotify’s global head of markets Cecilia Qvist has transitioned into an advisory role at the company and is no longer running Spotify’s global expansion operation, Billboard has learned. "As part of a realignment in our Markets Business unit, Cecilia Qvist will transition from her current role as Global Head of Markets to a new advisory role within the company," the company said in a statement to Billboard.
Spotify is the largest subscription music streaming system in the world, with 124 million paid subscribers and 271 million monthly active users at the close of 2019, according to its most recent public filings, representing a 29% year-over-year subscription growth.
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