WeWork’s Boardroom Lacks a Chairman and Could Soon See Adam Neumann Return
SoftBank will name a replacement for Marcelo Claure, who left in January. It’s unclear if it’ll bring Neumann back.
Adam Neumann during an event on the sidelines of the WeWork’s trading debut in New York, on Oct. 21.
Photographer: Angus Mordant/BloombergThings have been been fairly drama-free at WeWork Inc., at least by the company’s standards, but two separate yet overlapping events could create uncertainty around management of the co-working business.
First, WeWork is effectively without a chairman. Marcelo Claure, the former operating chief at SoftBank Group Corp., had held that position since the Japanese conglomerate rescued WeWork from near-insolvency in 2019. Claure resigned in January from SoftBank, the biggest investor in WeWork, and his former employer still hasn’t named a replacement.