WeWork's new co-CEOs have experience at tech giants like Amazon and AOL

Australia News News

WeWork's new co-CEOs have experience at tech giants like Amazon and AOL
Australia Latest News,Australia Headlines
  • 📰 CNBC
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

In announcing that co-founder Adam Neumann is stepping down, WeWork elevated Artie Minson and Sebastian Gunningham to the co-CEO positions.

In announcing on Tuesday the resignation of Adam Neumann as CEO, WeWork elevated Artie Minson and Sebastian Gunningham to share the top spot.Gunningham was one of Amazon CEO Jeff Bezos's top lieutenants and ran the giant e-commerce marketplace.

The IPO is now unlikely to take place this year, though it's still a possibility, according to people familiar with the matter who asked not to be named because the plans are confidential. WeWork said in a statement last week that it still planned to go public in 2019.

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:

CNBC /  🏆 12. 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.

Some WeWork board members reportedly looking to remove Adam Neumann as CEOSome WeWork board members reportedly looking to remove Adam Neumann as CEOSome WeWork board members want to remove Adam Neumann as chief executive of the company, the Wall Street Journal and other outlets report, citing people involved in the talks
Read more »

Exclusive: We Company CEO Neumann starts talks on his role at WeWork parent - sourcesExclusive: We Company CEO Neumann starts talks on his role at WeWork parent - sourcesWeWork co-founder Adam Neumann has started talks with board directors and invest...
Read more »

WeWork board members reportedly seeking Adam Neumann to step down as CEOWeWork board members reportedly seeking Adam Neumann to step down as CEOReports are that some board members are pushing for the CEO to step down a week after the startup delayed its IPO.
Read more »

WeWork CEO comes under pressure – four experts weigh inWeWork CEO comes under pressure – four experts weigh inWeWork's public debut looks even more tenuous with CEO Adam Neumann's future in question.
Read more »

WeWork founder’s strong hand gets rapidly weakerWeWork founder’s strong hand gets rapidly weakerOn paper, Adam Neumann controls the cash-burning office-share firm he co-founded. In reality, the company’s need for capital means investors like SoftBank call the shots, and might even oust him as CEO. Supervoting shares mean nothing absent a way to make money.
Read more »

The Wild Story Of WeWork, The Once-Heralded Unicorn Now Under The MicroscopeThe Wild Story Of WeWork, The Once-Heralded Unicorn Now Under The MicroscopeOnce WeWork was thrust into the spotlight, large cracks in the company's facade started to reveal themselves.
Read more »



Render Time: 2025-03-28 04:28:58