Login

WeWork’s Exit Package for Ousted CEO Adam Neumann Included $245 Million Stock Deal

Final Deal With Co-Founder Aimed at Clearing Way for Second Run at Taking Firm Public
WeWork's recent losses include an almost $500 million payout to co-founder Adam Neumann. (Getty Images)
WeWork's recent losses include an almost $500 million payout to co-founder Adam Neumann. (Getty Images)

WeWork co-founder and former CEO Adam Neumann got hundreds of millions of dollars in cash, as well as hundreds of millions in stock, from the shared-office provider in a move that contributed to the $2.06 billion quarterly loss it reported this month, according to disclosures in new filings.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE