WeWork intends to name Sandeep Mathrani, a veteran in the real estate industry, as its new CEO, people familiar with the matter tell The Wall Street Journal.
General view of WeWork Weihai Road flagship is seen on April 12, 2018 in Shanghai, China. World's leading co-working space company WeWork will acquire China-based rival naked Hub for 400 million U.S. dollars.
He replaces Artie Minson and Sebastian Gunningham, who were co-chief executives of WeWork parent We Co. since the company's co-founder and former CEO Adam Neumann stepped down in September. WeWork's leasing activity in the fourth quarter plunged 93%, after the company withdrew its highly anticipated initial public offering
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