MALMÖ, Sweden--(BUSINESS WIRE)--Regulatory News:
The Board of Directors of Aspiro AB (STO:ASP) has appointed Mr Andy Chen as the new Chief Executive Officer of Aspiro AB (“Aspiro”). Mr Chen will remain in the role as CEO of WiMP, which he has held since 3 June 2013.
The reorganization of the management team is part of the company's strategy to further streamline the operations of Aspiro to focus on building upon its strong position within music streaming through WiMP.
Mr Chen replaces Peter Tonstad, who has been the CEO of Aspiro since November 2012. During his tenure Mr Tonstad has been a valuable contributor to the development of the company and in streamlining the group around music streaming. The Board is pleased that Mr Tonstad will remain in Aspiro and take over the position as Chief Commercial Officer in WiMP and leverage his strong industry experience to support the growth of the company going forward.
This information is mandatory for Aspiro AB (publ) to publish pursuant to the Swedish Securities Exchange and Clearing Operations Act and/or the Swedish Financial Instruments Trading Act. This information was submitted for publication at 08.30am on 10 January 2014.
About WiMP
WiMP is a music streaming service focusing on inspiring users to find new music and old favorites. Through local editorial teams in each country, WiMP provides daily recommendations, tips and playlists for any occasion. The service is available on computers and mobiles, tablets and network players. Read more on www.wimp.no, www.wimpmusic.se, www.wimp.dk, www.wimp.de or www.wimp.pl
Aspiro in Brief
Aspiro is a leading streaming company with main focus on music service WiMP. and video services delivered to partners WiMP is delivered directly to consumers and through partners such as operators and television distributors. With WiMP, Aspiro think`s globally but works locally, with an local editorial staff and their teams adapting the s its services to each country. Aspiro has fourteen years of experience in digital services and isare a growth company with high ambitions. Aspiro is listed on Nasdaq OMX Nordic Exchange in Stockholm.
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