KUALA LUMPUR, Sept 25 -- WeWork’s Board of Directors has announced leadership changes with co-founder, Adam Neumann deciding to step back from his role as chief executive officer (CEO) and continue as the board’s non-executive chairman.
Meanwhile, the company’s former co-president and chief financial officer, Artie Minson and former vice-chairman, Sebastian Gunningham have been named as co-CEOs, effective immediately.
“It is an incredible honour to lead WeWork during this important moment in the company’s history,” said Minson and Gunningham.
“Our core business is strong and we will be taking clear actions to balance WeWork’s high growth, profitability and unique member experience while also evaluating the optimal timing for an IPO. We are committed to the continued success of our members, partners, employees and shareholders on this new journey.
“I am excited about the future of WeWork and thrilled to have Artie and Sebastian take the baton from Adam to lead the next phase of growth,” said board member, Bruce Dunlevie, a partner at Benchmark and early investor in WeWork.
-- BERNAMA
No comments:
Post a Comment