WeWork board members are talking about ousting CEO Adam Neumann amid IPO turmoil

Australia News News

WeWork board members are talking about ousting CEO Adam Neumann amid IPO turmoil
Australia Latest News,Australia Headlines
  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

WeWork CEO Adam Neumann founded the company and built it to what it is today. But his leadership has also come under fierce criticism.

Some board members at coworking startup WeWork aim to push out CEO Adam Neumann, according to a report from the Wall Street Journal. The board could meet this week and might discuss Neumann becoming WeWork's nonexecutive chairman, the Journal reported. According to the report, it was unclear how all of the company's seven directors — a list that includes Adam Neumann himself — have sided.

Some board members at coworking startup WeWork aim to push out CEO Adam Neumann, according to a report from the Wall Street Journal. The board could meet this week and might discuss Neumann becoming WeWork's nonexecutive chairman, the Journal reported. According to the report, it was unclear how all of the company's seven directors — a list that includes Adam Neumann himself — have sided.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BusinessInsider /  🏆 729. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SoftBank's Masa Son is in favor of ousting WeWork CEO Adam NeumannSoftBank's Masa Son is in favor of ousting WeWork CEO Adam NeumannThe news follows a tumultuous week in which WeWork postponed its IPO roadshow and new revelations were published about Neumann's behavior.
Read more »

WSJ News Exclusive | Some WeWork Board Members Seek to Remove Adam Neumann as CEOWSJ News Exclusive | Some WeWork Board Members Seek to Remove Adam Neumann as CEOA bloc of WeWork directors is planning to push Adam Neumann to step down as chief executive after a tumultuous week in which the startup delayed its IPO.
Read more »

Some WeWork directors considering removal of Adam Neumann as CEO: WSJSome WeWork directors considering removal of Adam Neumann as CEO: WSJSome WeWork board members, including officials tied to SoftBank Group Corp |9984...
Read more »

WeWork Has Bigger Problems Than Adam NeumannWeWork Has Bigger Problems Than Adam NeumannFor instance, its business model. And convincing potential IPO investors of a $20 billion valuation is looking very difficult.
Read more »

Renovation work on WeWork CEO Adam Neumann's $10.5 million Manhattan townhome led to disputes with contractors over $1 million in alleged unpaid billsRenovation work on WeWork CEO Adam Neumann's $10.5 million Manhattan townhome led to disputes with contractors over $1 million in alleged unpaid billsNeumann and his wife Rebekah planned to completely renovate their townhome. But contractors claimed they didn't pay all their bills.
Read more »

WeWork sparks worries about Masayoshi Son’s Vision FundsWeWork sparks worries about Masayoshi Son’s Vision FundsWeWork's co-founder Adam Neumann is 'humbled' by the delayed IPO. His cheerleader-in-chief, Masayoshi Son, probably is not
Read more »



Render Time: 2025-03-28 20:12:30