Senior Spotify executive David Kaefer is exiting the business after seven years, MBW has learned. Kaefer, the exec in charge of Spotify’s music business and audiobooks business, has decided to leave Spotify at the end of October. Kaefer has led Spotify’s music licensing and partnerships for over seven years. Kaefer’s departure was confirmed in an internal memo sent to Spotify’s music team today (October 1) by Alex Norström, Spotify’s co-President and Chief Business Officer (and incoming co-CEO). He also oversees Spotify’s music policy and economics work, including Loud & Clear, anti-fraud protections, and royalty system processes.