Month: September 2019

WeWork CEO Adam Neumann announced Tuesday he is stepping down after a uproar over governance and valuation just as the company was planning to go public. Vice Chairman Sebastian Gunningham, a former Amazon exec, and CFO Artie Minson, formerly of AOL and Time Warner Cable, will take over as co-CEOs, while Neumann will be nonexecutive
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Adam Neumann is no longer WeWork’s CEO, but his fortune is still tied up with the company. AP Photo/Mark Lennihan WeWork cofounder Adam Neumann stepped down as chief executive Tuesday, capping more than a month of turmoil for the once high-flying shared-office company. Neumann’s ouster from the top job is the latest—and most dramatic—in a
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Artie Minson, president and chief operating officer of WeWork, speaks during the annual Milken Institute Global Conference in Beverly Hills, May 4, 2016. Patrick T. Fallon | Bloomberg | Getty Images After a brutal six weeks of scrutiny following the release of WeWork’s IPO prospectus, the co-working space provider announced on Tuesday that co-founder and
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