WeWork announces Shyam Gidumal as new COO

Incoming CEO calls his No. 2 an ‘invaluable partner to me for many years’

National /
Feb.February 20, 2020 10:31 AM
WeWork COO Shyam Gidumal (Credit: Getty Images)

WeWork COO Shyam Gidumal (Credit: Getty Images)

Fresh off announcing its new CEO, WeWork has hired Shyam Gidumal as its chief operating officer.

Gidumal spent eight years working in consumer products and retail at Ernst & Young before departing in June 2019, according to his LinkedIn page. He began his career at Boston Consulting Group, where he made partner.

Sandeep Mathrani

Sandeep Mathrani

The announcement comes on the heels of WeWork hiring real-estate veteran Sandeep Mathrani as its new CEO. Mathrani, the former CEO of Brookfield Properties Retail, replaced two interim CEOs who had been in place following the dramatic exit of Adam Neumann in October 2019.

“Shyam has been an invaluable partner to me for many years during critical business inflection points, helping to focus operations and organizations including at Vornado, and repositioning companies for effective growth,” WeWork CEO Sandeep Mathrani said in a statement Thursday.

“Having him as a partner in managing our business that spans 37 countries will be a significant boon to our operations and executive team.”


Related Articles

arrow_forward_ios
Wendy Silverstein (Credit: Getty Images)
Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
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
WeWork’s side businesses are fizzling
Sarah Pontius (Credit: Union College)
Another head rolls at WeWork
Another head rolls at WeWork
Softbank CEO Masayoshi Son and Adam Neumann (Getty/Illustration by Kevin Rebong for The Real Deal)
Adam Neumann, SoftBank near settlement agreement
Adam Neumann, SoftBank near settlement agreement
CBRE CEO Bob Sulentic and Industrious CEO Jamie Hodari (Getty, Industrious/Illustration by Kevin Rebong for The Real Deal)
CBRE acquires 35% stake in flex-office provider Industrious
CBRE acquires 35% stake in flex-office provider Industrious
WeWork CEO Sandeep Mathrani (Wikipedia Commons, iStock/Illustration by Kevin Rebong for The Real Deal)
WeWork slashes rents in some cities
WeWork slashes rents in some cities
The Yard CEO Morris Levy and 8 Herald Square (Google Maps, iStock)
The Yard expands into now-defunct Herald Square hotel
The Yard expands into now-defunct Herald Square hotel
From left: Valon board member Angela Strange, Valon CEO Andrew Wang and Adam Neumann (Photos via Andreessen Horowitz, Valon, Getty)
Adam Neumann invests in mortgage servicing startup
Adam Neumann invests in mortgage servicing startup
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...