Business

Spotify Adds White House Veteran Mona Sutphen to Board of Directors

Mona Sutphen
Nikki Kahn/The Washington Post via Getty Images

Mona Sutphen

Spotify will add Mona Sutphen to its Board of Directors in April, subject to shareholder approval, the streaming giant announced today (Feb. 16).

Sutphen is currently a senior advisor at Chicago-based private equity firm The Vistria Group as well as a co-founder and advisor of several technology startups. From 2009 to 2011, Sutphen served as White House deputy chief of staff for policy for President Barack Obama, who struck an exclusive multi-year partnership with Spotify in 2019 to produce podcasts through his and Michelle Obama's production company, Higher Ground. Sutphen also served on the Obama's Intelligence Advisory Board from 2013 to 2016.

"Mona has built a career in both the private and public sectors advising leaders on international and U.S. domestic policy, technology, macroeconomics and trade, and human rights...and that’s just the tip of the iceberg," Spotify founder/CEO and chairman of the board Daniel Ek said in a statement. "Mona will bring a new and highly valuable perspective to the Board as we focus on driving our strategy forward during this time of exceptional change around the world."

Added Sutphen: "Spotify has been a revolutionary force and impressive innovator in the audio industry, transforming the content landscape globally. I’m excited to be a part of its continued evolution and expansion."

Sutphen was previously a partner at Macro Advisory Partners (MAP), where she advised global corporate companies on risks and opportunities in areas like technology platform regulation and market entry strategies. Before that, she served as a managing director at Swiss investment management firm UBS AG, where she developed new tools to evaluate political risk impacting capital markets.