Artie Minson and Sebastian Gunningham appear to be trying to make a sharp break from Neumann's tenure as CEO.
WeWork's new co-CEOs plan to push out around 20 friends and family members of Adam Neumann, their recently ousted predecessor, according to The Wall Street Journal's Eliot Brown, Anupreeta Das, and Maureen Farrell. Included in that group are Vice Chair Michael Gross, Chief Product Officer Chris Hill, and 10 employees that reported directly to Neumann, according to the report.
WeWork's new co-CEOs plan to push out around 20 friends and family members of Adam Neumann, their recently ousted predecessor, according to The Wall Street Journal's Eliot Brown, Anupreeta Das, and Maureen Farrell. Included in that group are Vice Chair Michael Gross, Chief Product Officer Chris Hill, and 10 employees that reported directly to Neumann, according to the report.
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WeWork CEO Adam Neumann steps downThe executive has been under pressure since WeWork released its pre-IPO S-1 filing amid concerns about its corporate governance and valuation.
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Even after ousting Adam Neumann as CEO, WeWork could still go public this year — if it prices its IPO low enoughWeWork faces few bureaucratic barriers to completing its initial public offering. The biggest obstacle could be how investors are willing to pay.
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Adam Neumann was mentioned 169 times in WeWork IPO filing — way more than Steve Jobs, Bill Gates, or Elon MuskNeumann stepped down on Monday under pressure from investors including Masayoshi Son. Previously, the company claimed he was essential to its success.
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