![Adam Neumann (Credit: Getty Images, iStock)](https://static.therealdeal.com/wp-content/uploads/2019/12/493-Adam-Neumann-could-reap-2B-from-WeWork-golden-parachute-200x143.jpg)
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WeWork co-CEOs will land $17M if they leave
Co-founder Adam Neumann’s $1.7B deal ruffled feathers among WeWork employees
![WeWork co-CEOs Sebastian Gunningham and Artie Minson (Credit: Getty Images and Twitter)](https://static.therealdeal.com/wp-content/uploads/2019/12/1200-WeWork-co-CEOs-will-land-17M-if-they-leave.jpg)
It may not be $1.7 billion, but it’s still a pretty penny.
WeWork’s co-CEOs Artie Minson and Sebastian Cunningham will get about $17 million in exit packages if they are fired or leave WeWork, according to the Financial Times. They would each receive $8.3 million.
Jennifer Berrent, the company’s chief legal officer, would get $1.5 million if she is fired or leaves, and she would not have to pay back $12 million in retention bonuses.
Shareholders received the terms of exit packages ahead of a $3 billion tender offer from SoftBank for shares. Those documents also acknowledge that WeWork could still see a large amount of senior management turnover moving forward.
WeWork co-founder Adam Neumann’s $1.7 billion exit packages already stirred controversy, especially as the company moved to layoff thousands of employees. [Financial Times] — Eddie Small
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![From left: WeWork co-CEOs Sebastian Gunningham and Artie Minson with Softbank CEO Masayoshi Son (Credit: Getty Images, iStock)](https://static.therealdeal.com/wp-content/uploads/2019/10/493-SoftBank-rescue-plan-would-bring-WeWork’s-valuation-to-8B--200x143.jpg)
![Former WeWork CEO Adam Neumann and Softbank CEO Masayoshi Son (Credit: Getty Images)](https://static.therealdeal.com/wp-content/uploads/2019/11/493-SoftBank-launching-WeWork-stock-tender-offer-this-week-200x143.jpg)