Scott Beale / AP

Spotify's getting a leadership shakeup before it goes public. Sean Parker, an early private investor in the company who previously founded the online music store Napster and helped grow Facebook; and Klaus Hommels, also an early supporter, have left Spotify's board of directors, per TechCrunch.

Four new high-profile executives with public market experience have come on in their place:

  • Cisco's former CTO and CSO Padmasree Warrior
  • Disney's former COO Thomas Staggs
  • Ex-YouTube exec Shishir Mehrotra
  • Investor Cristina Stenbeck

Why it matters: Spotify, which is currently valued at roughly $13 billion, will need all the public market experience it can get, given the company plans to go public via an unusual direct listing process as early as this fall.

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Why it matters: Earlier on Thursday, Hunter Biden's former business partner, Tony Bobulinski, released a statement saying Joe Biden's claims that he never discussed overseas business dealings with his son were "false."

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Why it matters: The U.S. is now averaging about 59,000 new coronavirus infections a day, and added another 73,000 cases on Thursday, according to the Covid Tracking Project. The country recorded 1,038 deaths due to the virus Thursday, the highest since late September.

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Coronavirus dashboard

Illustration: Aïda Amer/Axios

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