WeWork reportedly in talks to hire T-Mobile exec as CEO

WeWork is looking for a new leader to stabilize company after Adam Neumann’s ouster

Nov.November 11, 2019 01:42 PM
John Legere (Credit: Getty Images)

John Legere (Credit: Getty Images)

After the dramatic ouster of former CEO Adam Neumann, WeWork may have found a new leader.

The company is in talks with T-Mobile US Inc. chief executive John Legere to take over the position, according to the Wall Street Journal.

The office-sharing startup’s parent company — We Company — is reportedly looking for someone who can right the ship after the firm’s failed IPO attempt led to Neumann’s resignation and SoftBank’s bailout of the company.

The saga led to WeWork’s valuation plunging to about $8 billion from $47 billion.

WeWork executives Artie Minson and Sebastian Gunningham have led the company as a team since September.

Legere, 61, has run T-Mobile for the past six years and is credited with turning around the company’s fortunes by attracting a large volume of customers from competitors, and instigating a $26 billion takeover of Sprint. Known for his brash and outspoken style, he has labeled rivals “Dumb and Dumber” on Twitter. [WSJ] — Sylvia Varnham O’Regan

Related Articles

Wendy Silverstein (Credit: Getty Images)

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out

WeWork CEO Adam Neumann (Credit: Getty Images and iStock)

WeWork’s side businesses are fizzling

Sarah Pontius (Credit: Union College)

Another head rolls at WeWork

Knotel CEO Amol Sarva 

Another huge round of layoffs for Knotel

WeWork's Marcelo Claure and Sandeep Mathrani (Credit: Getty Images)

WeWork to miss 2020 targets because of coronavirus

WeWork CEO Sandeep Mathrani (Credit: background by Jeenah Moon/Getty Images)

WeWork offers staff $100-a-day bonuses to keep showing up

Miki Naftali, Steven Witkoff and Ryan Freedman

TRD Talks: How developers are contending with coronavirus

Softbank CEO Masayoshi Son (Credit: Getty Images, iStock)

WeWork gears up for potential legal fight with SoftBank