Some Wework Board Members Plan To Push Out Ceo Adam Neumann After Ipo Delay

(Bloomberg) — Some WeWork directors are planning to push Adam Neumann to step down as chief executive after the startup delayed its much-anticipated initial public offering, according to a person familiar with the matter. Officials tied to SoftBank Group Corp., the company’s largest investor, want Neumann to step down as CEO of We Co., WeWork’s parent company, said the person, who asked not to be identified because discussions are ongoing. A representative for WeWork declined to comment.

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