25th December 2024

WeWork appointed Indian American Mathrani as its chairman

by | Apr 2, 2022 | Indian-American

Reading Time: < 1 minute

WeWork Inc (WE.N) on Tuesday named Chief Executive Officer Sandeep Mathrani as chairman of the office sharing company, months after Marcelo Claure vacated the role.
WeWork CEO Sandeep Mathrani will now take an extra role at the co-working company.
The company announced Tuesday that Mathrani will become WeWork’s chairman, a position held by Marcelo Claure until he left his roles at WeWork and Softbank after a reported disagreement over the compensation. Claure was said to be seeking $2 billion from the Japanese investment company.
Claure had been a chief operating officer of the Japanese investment company since 2018 after leading Sprint. He became executive chairman of WeWork in 2019.

 

WeWork also appointed Saurabh Jalan, a partner at SoftBank Group, to WeWork’s board, refilling a seat that had been held by Claure. Jalan handles SoftBank’s stakes in WeWork, T-Mobile US, and Deutsche Telekom AG, among other companies.

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