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 02:30 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

2965 West Corporate Lakes Boulevard and Black Creek Group CEO Raj Dhanda (Credit: Google Maps, Blue Vault)

TIAA sells Weston warehouse for $33M

Daily Digest Miami

South Florida home sales struggle in October, Cipriani and Terra plan luxury condo

Daily Digest Miami

Ten-X Commercial laid off half of its workforce, Miami professor who taught class on money laundering allegedly laundered millions

From left: BGI Capital’s Kenneth A. Baboun and Robert Barthelmess, 299 Alhambra Circle, Local Ventures' Rishi Kapoor (Credit: Google Maps, BGI)

Developer snags $12M loan for co-working project in Coral Gables

Daily Digest Miami

Compass sweetens agent stock program for 2020, affordable housing project in downtown Fort Lauderdale lands $27M loan: Daily digest

Easton & Associates Vice President Elliot LaBreche (Credit: iStock)

The doctors will see you now: Co-working medical office space operator plans major expansion

Daily Digest Miami

Panattoni drops $24M to build new industrial project near Opa-locka, One Sotheby’s International Realty acquired Treasure Coast Sotheby’s: Daily digest

Rendering of Urbin Coconut Grove and Rishi Kapoor

Co-living venture Urbin expanding to Miami Beach