In a statement to media this weekend, Tidal announced that it had appointed a new Interim CEO, Peter Tonstad in the wake of Andy Chen’s departure.
In what appears to be a peculiar dig at Chen, Tidal’s statement comments that Tonstad has a “better understanding of the [music] industry and a clear vision for how the company is looking to change the status quo”.
via Tidal CEO out as Team Jay Z wields axe – Music Business Worldwide.