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Former WeWork CEO Adam Neumann will be replaced by two current WeWork executives.
- Adam Neumann is stepping down as CEO of WeWork and will be replaced by two current executives, Sebastian Gunningham and Artie Minson.
- Both Gunningham and Minson have years of management experience at companies like Amazon, Time Warner, and Apple.
- Former employees of WeWork describe Gunningham and Minson as level-headed leaders whose experience balanced out Neumann's more unorthodox management style.
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WeWork co-founder Adam Neumann is stepping down as CEO of the company.
Neumann will be replaced by Sebastian Gunningham and Artie Minson, two current WeWork executives, as interim chief executives as the company searches for a new permanent head.
Neumann came under harsh scrutiny from board members and investors this week, who blamed the CEO for the company's profitability woes and difficulty enticing investors. WeWork delayed its initial public offering last week and saw its estimated market value slip to $15 billion, down from $47 billion in January.
Former top executives and employees of WeWork spoke to Business Insider about Minson and Gunningham, describing both as steadying forces compared to Neumann's more disorderly approach.
Here's everything we know about Gunningham and Minson, the two executives who are about to step into the leading roles at WeWork.