UPDATE 3-WeWork’s Neumann gives up control, CEO role following investor revolt
WeWork co-founder Adam Neumann agreed on
Tuesday to resign as chief executive and give up majority voting
control, after SoftBank Group Corp and other
shareholders turned on him over a plunge in the U.S.
office-sharing start-up’s estimated valuation.
Tuesday to resign as chief executive and give up majority voting
control, after SoftBank Group Corp and other
shareholders turned on him over a plunge in the U.S.
office-sharing start-up’s estimated valuation.
Posted by Reuters
