WeWork included a plan for succession in its IPO filing on Wednesday, and it involves CEO Adam Neumann’s “strategic thought partner,” wife Rebekah Neumann.
The plan puts Rebekah Neumann at the helm of a committee with two board members charged with selecting a new CEO in the case Adam is permanently disabled or deceased anytime within 10 years of the IPO’s completion.
Rebekah is a cofounder, as well as chief brand and impact officer, of WeWork. She is also the founder and CEO of WeGrow, the “conscious entrepreneurial school” for children ages 2 to 11 under the We Company umbrella.
Read all of BI’s WeWork coverage here.
Read all of Business Insider’s WeWork coverage here.
WeWork, the co-working space startup with a $47 billion valuation, publicly filed for its IPO on Wednesday morning, and it gave us the best look yet inside the company — including the role CEO Adam Neumann’s wife Rebekah plays in the company.
WeWork’s filing includes a game plan for the succession of its next CEO in the case “Adam is permanently disabled or decreased during the ten-year period commencing upon the completion of this offering.”
The plan puts …read more
Source:: Businessinsider – Tech