Tidal Loses CEO

Tidal has lost its third CEO in two years.

Tidal – Tidal

The streaming service announced May 26 that Jeffery Toig, who joined in 2016, left the company.

Tidal said it will announce a new CEO in the coming weeks.

Tidal was launched in 2015 and is co-owned by various artists, including Jay Z, Kanye West and Rihanna.