Board is to discuss his future after questions over behaviour and cancelled flotationThe board of WeWork is expected to meet later on Monday to discuss the future of the company’s controversial co-founder and chief executive Adam Neumann, after it emerged that he is under pressure to take a less prominent role.Several board members, including representatives of the firm’s biggest investor, Japan’s SoftBank, are understood to be pressing Neumann to demote himself from chief executive to vice-chairman after the company was embarrassingly forced to pull its much-anticipated stock market flotation after failing to impress Wall Street investors. Continue reading…
Via: Adam Neumann under pressure to step down as WeWork chief
Categories: English News