As WeWork parent We Company's CEO Adam Neumann asked Artie Minson and Sebas...
) who joined We Company last year, will take responsibility for product, design, development, sales, marketing, technology and regional teams.
While Gunningham was unable to fully rein in Neumann, he played an important role in organizing We Company’s operations, to the extent some employees said they referred to him as “shadow CEO” and “the adult in the room”. One of them quipped that Gunningham was the most important We Company executive not to be mentioned in its initial public offering prospectus, when it was first published last month. An updated version of the prospectus included him.
One of Minson’s main attractions to Neumann was his ability to present We Company’s earnings in a positive light, leading to frothy valuations, the sources said. For example, Minson helped create the term “community-adjusted” earnings, a non-standard metric that flattered the company’s numbers by excluding rent and tenancy expenses. The metric was excluded from the company’s IPO prospectus.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Exclusive: We Company CEO Neumann starts talks on his role at WeWork parent - sourcesWeWork co-founder Adam Neumann has started talks with board directors and invest...
Baca lebih lajut »
WeWork board members reportedly seeking Adam Neumann to step down as CEOReports are that some board members are pushing for the CEO to step down a week after the startup delayed its IPO.
Baca lebih lajut »
WeWork board members seek to remove Adam Neumann as CEOSome WeWork directors are planning to push Adam Neumann to step down as chief executive after the start-up delayed its much-anticipated initial public offering, according to people familiar with the matter.
Baca lebih lajut »
WeWork Investors Look To Oust CEO Adam NeumannKey WeWork investors are leading a boardroom campaign to oust chief executive and co-founder Adam Neumann.
Baca lebih lajut »
Embattled WeWork Founder Adam Neumann Steps Down As CEOThe controversial co-founder is stepping down amid increasing pressure.
Baca lebih lajut »