Spotify Hired A New CFO

Spotify, a music streaming service, has hired Barry McCarthy as CFO.  McCarthy, who is a member of the Spotify board and is stepping down, previously served as Netflix CFO until resigning in 2010 to pursue “broader executive opportunities.”  This hire comes one week after Spotify closed a $526m round of funding at a $8.53bn valuation.

Spotify is a member of the Triton Research IPO Watchlist, a continuously updating database of companies we expect to either IPO or be acquired.  The current IPO Watchlist is comprised of 106 companies organized by investment theme.