Almost immediately following Jay Z‘s acquisition of parent company, Aspiro and following launch of TIDAL, former CEO Andy Chen and the company parted ways according to The Wall Street Journal. Just three months later, interim CEO, Peter Tonstad is no longer with the company. A representative told WSJ the following:
“We are thankful to Peter for stepping in as interim CEO and wish him the best for the future.”
Currently, there isn’t any official word who will be stepping in and whether it will be temporary or permanent.