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WeWork Hires Veteran CRE Exec As New CEO
News

WeWork Hires Veteran CRE Exec As New CEO

... valuation and leading to the ouster of founder and CEO Adam Neumann. Mathrani will report to the company's executive chairman, ... rise and precipitous fall. As part of SoftBank’s takeover, Neumann was ousted and given a golden parachute reportedly worth more ...

Feb 01, 2020
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wework ceo sandeep mathrani
News

WeWork CEO Sandeep Mathrani Resigns

... Artie Minson and Sebastian Gunningham, who replaced co-founder Adam Neumann after his star fell in the aftermath of WeWork’s ... inflicted wounds that defined WeWork’s first IPO attempt and Neumann’s subsequent ouster, the company’s current challenges come ...

May 16, 2023
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Adam Neumann
News

WeWork Story Headed For The Silver Screen

... Variety reports.  In recent years, Brooker conducted interviews with Neumann and numerous other sources at WeWork and SoftBank, the ... money-losing coworking company this fall after WeWork and Neumann failed to persuade a skeptical investment community that ...

Dec 03, 2019
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WeWork, Now Trading Below $1, On Verge Of Financial Restructuring
News

WeWork, Now Trading Below $1, On Verge Of Financial Restructuring

... , before its botched IPO and the ouster of former CEO Adam Neumann, there is cause for optimism going forward. CEO Sandeep Mathrani ...

Mar 16, 2023
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WeWork's Tower Place office in Atlanta
News

WeWork Reveals 90-Day Turnaround Plan, Hunts For New CEO

... now-infamous IPO bid and the ouster of co-founder Adam Neumann. Fresh off its rescue at the hands of new majority ... imminent future, is WeWork's search for a CEO. After Neumann's departure, executives Sebastian Gunningham and Artie Minson were elevated ...

Nov 11, 2019
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Hedge Fund Buys Into Discounted WeWork Debt
News

Hedge Fund Buys Into Discounted WeWork Debt

... in growth mode under the leadership of now-ousted founder Adam Neumann, WeWork issued $700M of bonds that mature in 2025. Those ...

Feb 14, 2023
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Does WeWork's Stumble Herald A Bigger Collapse For Coworking? Miami Might Have The Answer
News

Does WeWork's Stumble Herald A Bigger Collapse For Coworking? Miami Might Have The Answer

... attributed to hype stirred up by its charismatic leader, CEO Adam Neumann. But after an initial public offering prospectus released in ... some of his self-dealing and other company risks, Neumann has stepped down to become nonexecutive chairman, and WeWork ...

Oct 02, 2019
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'Demand Didn't Come Back As Swiftly As We Thought': WeWork Closing 40 Locations
News

'Demand Didn't Come Back As Swiftly As We Thought': WeWork Closing 40 Locations

... 2021. The company’s losses in all of 2019, when Adam Neumann was still running the show, were $3.9B. WeWork has ...

Nov 10, 2022
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Recently Public Real Estate Startups Have Lost 85% Of Their Opening Value
News

Recently Public Real Estate Startups Have Lost 85% Of Their Opening Value

... construction tech firm that raised $400M earlier this year, and Adam Neumann's Flow home rental platform, which raised $350M from Andreessen ...

Oct 20, 2022
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Children at WeGrow, the pilot elementary school launched by WeWork in Manhattan
News

Disrupting Kindergarten: WeWork Is Opening An Elementary School

... founding partner and Chief Brand Officer Rebekah Neumann, the wife of founder and CEO Adam Neumann, announced the creation of WeGrow, an ... have WeWorks located all around the world, thank God,” Rebekah Neumann told Fast Company. “A lot of members don’t see ...

Nov 06, 2017
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