WeWork parent to name Sandeep Mathrani as new CEO, report says

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WeWork intends to name Sandeep Mathrani, a veteran in the real estate industry, as its new CEO, people familiar with the matter tell The Wall Street Journal.

General view of WeWork Weihai Road flagship is seen on April 12, 2018 in Shanghai, China. World's leading co-working space company WeWork will acquire China-based rival naked Hub for 400 million U.S. dollars.

He replaces Artie Minson and Sebastian Gunningham, who were co-chief executives of WeWork parent We Co. since the company's co-founder and former CEO Adam Neumann stepped down in September. WeWork's leasing activity in the fourth quarter plunged 93%, after the company withdrew its highly anticipated initial public offering

 

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Sounds like its a terrible company to based on all the problems they have had haha!

Yet it’s still here why?👺👺💩

It was almost as terrible as another CNBC promoted investment Blue Apron, that stock failed miserably!

Can you say ' RIP off?'

Ya think? :)

and they paid that douchebag founder billions to quit

SoftBank must demonstrate to existing and future investors that its investments can yield positive returns. Otherwise, its investment pool will dry up eventually. These interviews are informative, but the proof is in the returns.

📽 Suriye İdlib’de savaşın mağdur ettiği masum ve mazlum çocukların soğuktan üşüdüğü anlar görüntülere yansıdı.. Asıl Dersimiz Insanlık Dersimiz. Medenî Dersimiz Bu olmalı. Bu masumlara yardım Olmalı. Lütfen. Insan olalım

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WSJ News Exclusive | WeWork Parent to Name Real-Estate Veteran Sandeep Mathrani New CEOMr. Mathrani, previously chief executive of Brookfield Property Partners’ retail group, replaces Artie Minson and Sebastian Gunningham, who have served as co-CEOs of We Co. since September. Surprised they didn’t go with a tech insider Masa putting in intermediaries for MBS to dispatch. That interest payment on the Vision Fund is going to start getting very expensive...update your passports ASAP...but don’t do it in person! profgalloway called it (clean house and hire a REIT CEO to restore order and reputation.
Source: WSJ - 🏆 98. / 63 Read more »

WSJ News Exclusive | WeWork Parent to Name Real-Estate Veteran Sandeep Mathrani New CEOMr. Mathrani, previously chief executive of Brookfield Property Partners’ retail group, replaces Artie Minson and Sebastian Gunningham, who have served as co-CEOs of We Co. since September. Surprised they didn’t go with a tech insider Masa putting in intermediaries for MBS to dispatch. That interest payment on the Vision Fund is going to start getting very expensive...update your passports ASAP...but don’t do it in person! profgalloway called it (clean house and hire a REIT CEO to restore order and reputation.
Source: WSJ - 🏆 98. / 63 Read more »