Spotify Inches Toward IPO with New Executive Hire

Recode: Spotify is getting closer to an IPO. The streaming music subscription service has hired its first head of investor relations, Paul Vogel, a Wall Street veteran who most recently ran the internet and media research group at Barclays. Vogel started his analyst career in 1995 at Morgan Stanley. He reports to Barry McCarthy, the former Netflix CFO who became Spotify’s CFO last summer.