September 25 - 09:09
253D
WeWork's founder and CEO Adam Neumann steps down
Following weeks of turbulence and increasing pressure, WeWork's CEO, Adam Neumann has stepped down and will serve as non-executive chairman of the board. Neumann's wife and WeWork co-founder, Rebekah Neumann has also stepped down from her role. Softbank - WeWork's largest investor - is said to have 'encouraged' Neumann's transition out of the role of CEO ahead of the company's IPO.
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