WeWork shakes up chief finance post

CFO Kimberly Ross is leaving after just 6 months on the job

National /
Sep.September 09, 2020 12:10 PM
WeWork CFO Benjamin Dunham and Kimberly Ross (LinkedIn)

WeWork CFO Benjamin Dunham and Kimberly Ross (LinkedIn)

WeWork is swapping out its finance chief after just six months.

The shared-office giant’s CFO Kimberly Ross, who took the position in March, will be stepping down at the end of this month, WeWork announced Wednesday.

The company said Ross, a 25-year veteran of the corporate finance world, is leaving “for personal reasons.”

She will be replaced by Benjamin Dunham, who for the past two years has served as the head finance officer for WeWork’s Americas division.

He will report directly to company CEO Sandeep Mathrani.

WeWork recently received a commitment from SoftBank to lend the co-working company $1.1 billion, multiple outlets reported last month. At the time of the news, WeWork had not yet tapped the loan, which gives the company 12 months to draw down on.

WeWork hired Ross soon after Mathrani joined the company in February, tasked with turning the money-losing startup around after its botched IPO last year.





    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
    Juda Srour with 159 West 25th Street (Loopnet, Getty)
    Jay Suites signs 60K sf lease in Chelsea
    Jay Suites signs 60K sf lease in Chelsea
    WeWork CEO Sandeep Mathrani (Getty)
    WeWork’s bleeding continues as firm cuts 40 locations
    WeWork’s bleeding continues as firm cuts 40 locations
    Joel Schreiber, WeWork’s first investor, under fire on multiple fronts
    Joel Schreiber, WeWork’s first investor, under fire on multiple fronts
    Joel Schreiber, WeWork’s first investor, under fire on multiple fronts
    TRD’s podcast digs into WeWork’s comeback attempt
    TRD’s podcast digs into WeWork’s comeback attempt
    TRD’s podcast digs into WeWork’s comeback attempt
    From left: Jen Cho and Audrey Gelman with 52 Mercer Street
    Soho landlord sues Audrey Gelman, The Wing for $1.7M in rent
    Soho landlord sues Audrey Gelman, The Wing for $1.7M in rent
    arrow_forward_ios

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

    Loading...