WeWork & # 39; convinces T-Mobile CEO John Legere to take over the company in difficulty & # 39; after the expulsion of founder Adam Neumann
- WeWork is in talks with a number of candidates for the role of CEO, sources say
- Among them it is said that John Legere, the outspoken CEO of T-Mobile, is
- Legere is probably not the most important candidate and focuses on Sprint fusion
- Two co-CEOs have been running WeWork since the expulsion of Adam Nuemann
WeWork has made convictions to T-Mobile CEO John Legere as part of a search for a new CEO after the departure of co-founder Adam Neumann, people familiar with the case said Monday.
The current co-CEOs of WeWork, Artie Minson and Sebastian Gunningham have only been present since September, but discussions have shown that SoftBank Group, WeWork & # 39; s majority shareholder, would like a new change after an unsuccessful attempt at this become public for a year.
The WeWork office sharing startup has been in talks with a number of potential CEO candidates, including Legere, the sources said.
Legere, who often wears T-Mobile magenta brand color, is an outspoken CEO who is known for his joke on Twitter calling on larger competitors Verizon and AT&T.
T-Mobile CEO John Legere (above) is said to be in talks with WeWork to take charge of the difficult office sharing startup
WeWork co-founder Adam Neumann (above) was forced to leave the company after the failed IPO. The SoftBank rescue package depended on ending its control over the board
Legere is not a prominent candidate for the WeWork CEO position, one of the sources said. Ongoing talks with WeWork can be a conflict as Legere attempts to renegotiate with SoftBank about the $ 26 billion merger of T-Mobile and Sprint Corp.
The deal is currently pending regulatory approval and Legere said last week that talks with Sprint were ongoing to expand their merger agreement. He refused to exclude and asked to lower the price of $ 26 billion.
Sprint & # 39; s executive chairman, Marcelo Claure, recently took over the seat of the executive chairman of WeWork as part of SoftBank & # 39; s $ 9.5 billion rescue of the office sharing startup.
As chairman, Claure would hire the new WeWork CEO and he and Legere have a history of heated exchanges on Twitter.
In 2016, Claure Legere called a & # 39; scammer & # 39; in an angry tweet.
The Wall Street Journal reported for the first time on Legere & # 39; s conversations with WeWork about the position of CEO. WeWork and T-Mobile declined to comment.
Marcelo Claure (above), the chairman of both Sprint and WeWork, would be in charge of a new CEO at WeWork. He has previously been sparred with Legere on Twitter
SoftBank spent around $ 10 billion last month to take control of WeWork, saving the company from a possible bankruptcy after not completing a first public offer, which also led to Neumann's departure.
Neumann, who criticized his erratic management style, was replaced as CEO by Minson and Gunningham, but it is speculated that the pair is just an emergency solution.
SoftBank has discussed the need to return to the WeWork core activity to rent trendy office space to freelancers and businesses. The company would withdraw from the ancillary activities that Neumann had prepared for, such as education.
In a presentation published last week, WeWork said it also plans to divest seven non-core businesses – Conductor, the Wing, Managed by Q, Meetup, SpaceIQ, Teem and Wave Garden.
The units organize meetings, offer facilities and workplace management and marketing.
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