Tim Cook had his compensation cut, and Reid Hoffman left the CEO role (becoming exec chairman). AFAIK, all other bigco CEOs did the 'taking responsibility' thin

Tim Cook had his compensation cut, and Reid Hoffman left the CEO role (becoming exec chairman). AFAIK, all other bigco CEOs did the 'taking responsibility' thing of doing absolutely nothing. I can see why Spotify is reluctant to dump the CEO. Theirs is a business model that's never been profitable anyway, so keeping the founder on couldn't make things any worse.