Firing Adam Neumann doesn't solve WeWork's biggest problem: The underlying business stinks
Die neuen Geschäftsführer Artie Minson und Sebastian Gunningham WeWork auf das Kerngeschäft konzentrieren. Before joining WeWork, Gunningham served as Senior Vice President of Amazon Marketplace from 2007 to 2018. He was also a top executive at AOL from 2009 to April 2013, where he oversaw the company's three planned business operating units, according to Minson attended Georgetown University as an undergrad, and got his MBA from Columbia Business School in 1997. Das erfuhr Business Insider aus dem Unternehmen. Mark Wilson/Getty Images Neumann will be replaced by Sebastian Gunningham and Artie Minson, two current WeWork executives, as chief executives. Artie Minson, WeWork's President and Co-Chief Operating Officer, boasts a long resume of former executive roles.Minson spoke with Business Insider in the spring about one of WeWork's fastest-growing businesses: Working with companies that have over 500 employees.Minson has explained how WeWork avoids the problems with local governments and regulators faced by other "sharing economy" startups like Uber and Airbnb.Minson has voiced confidence in WeWork's fast rate of growth, saying it's not the same as other startups that expand rapidly despite losing money.Former employees saw Minson as a level-headed executive whose experience provided a counterweight to Neumann's unorthodox management style.Sebastian Gunningham was previously WeWork's Vice Chair and Chief Automation Officer.Gunningham's arrival at WeWork was seen as a relief by employees concerned about the company's directionMany inside the company speculated that Gunningham would be selected to replace Neumann.WeWork will replace Adam Neumann with two interim CEOs.
"There was a sigh of relief when Sebastian joined from Amazon because he comparatively exuded so much professionalism and people really trusted him and were like, 'Finally, someone's coming in who knows what's going on," an ex-employee who worked closely with WeWork's C-Suite told Business Insider. Top Trending Terms. Shona Ghosh/Business Insider Neumann will walk away with as much as $1.2 billion as well as a $500 million credit line from SoftBank. He has also served as Senior Vice President at Oracle, Vice President of Enterprise at Apple, and CEO at Peace Software, Inc., according to WeWork's S-1 filing.Before joining WeWork, Gunningham served as Senior Vice President of Amazon Marketplace from 2007 to 2018.
He stuck out like a sore thumb, the former employee added. Neumann will be replaced by Sebastian Gunningham and Artie Minson, two current WeWork executives, as chief executives.Neumann came under harsh scrutiny from board members and investors this week, who blamed the CEO for the company's profitability woes and difficulty enticing investors. "We're certainly one of the few sharing-economy companies that were welcomed with open arms in all markets," Minson "When we talk about companies who are losing money versus investing money, people are clearly getting we're investing money.
WeWork's key executives include Sebastian Gunningham and 11 others.
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