Peter Sterky
CEO of Trift Capital
Peter Sterky
CEO of Trift Capital
Greater Stockholm Metropolitan Area
Overview
Work Experience
Chief Executive Officer
2017 - Current
Trift Capital is a Nordic multi billion dollar family office helping entrepreneurs build great companies.
Board Member
2019
Board Member
2018
Board Member
2011
Chief Financial Officer / Chief Operating Officer
2010 - 2015
As COO, Peter was responsible for Spotify's tactical execution, managing the global senior executive team. As CFO, Peter led and oversaw finance, analytics, legal and HR. During his period as COO and CFO of Spotify, the company expanded from 7 markets to 58, saw its annualized recurring revenue grow from €60M to €2B, and its headcount grow from ~100 to ~1800. Led and raised ~$1B equity to support growth. Served as board member of various Spotify entities around the world.
Chief Financial Officer
2003 - 2010
Promoted twice to become CFO and member of the management team. Pharmadule was a $150M innovative, private equity backed, supplier of pharmaceutical production facilities to big pharma clients mainly in the US, EU and Asia.
Investment Manager
2001 - 2002
$60M early stage VC focused on Scandinavian IT and Internet. Temporary CEO assignment to restructure a portfolio company.
Chief Financial Officer
2000 - 2001
Established, built and led finance during start-up phase when TradeDoubler became Europe's leading online performance based marketing network. Built the business plan. Led, negotiated and raised $10M. Expanded operations from 5 employees to ~60 and an annualized run-rate revenue of ~$10M from zero. Temporarily oversaw marketing as Chief Marketing Officer.
Analyst
1997 - 1999
Analyst at $120M private equity fund focused on mid-size buy-and-build opportunities in Northern Europe.
Software Developer
1988 - 1995
As a 7 year old, Peter got his first home computer. At age 9, he built his first computer game on the Commodore 64, and at age 14 he managed and had developed Sweden's #1 bulletin board system focused on multi-user games. This passion of his led to a number of part-time assignments around Sweden where he, among others, developed: * GUI and comms module for two Japanese nuclear reactor simulator projects (EuroSim) * Product and research analysis databases (Akzo Nobel Surface Chemistry) * Migrated GL software to new technical platform and built a prototype for audit software (Hogia) * Developed integration module for internal databases (Götaverken Energy)