David Kaefer, the Spotify executive in charge of the company’s music and audio businesses, will leave the company at the end of October. The announcement was made on Wednesday (Oct. 1) through both an internal memo and a LinkedIn post by Kaefer.

Named to Billboard‘s 2025 Power Players list, Kaefer spent seven years at Spotify, most recently as global head of music and audiobook business. In that role, he led the company’s music licensing and partnerships and its growing audiobook business that launched in 2022. According to Kaefer’s LinkedIn post, after leaving Spotify, he plans to be an advisor and invest in tech, media and sustainability.

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