WeWork to Add First Woman Board Member, Undo Trademark Deal

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WeWork to Add First Woman Board Member, Undo Trademark Deal
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The office-space startup intends to name Frances Frei, a Harvard professor, to its board after criticism ahead of a planned IPO

Office-space startup WeWork is adding its first female board member and unwinding a transaction between the company and its chief executive, after criticism ahead of a planned initial public offering of stock.

WeWork, recently renamed the We Co., said Wednesday in an amended IPO prospectus that it would appoint Frances Frei, a professor of technology and operations at Harvard Business School, to the board of directors after the completion of the IPO.

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