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Softbank bets on former Sprint boss Marcelo Claure to fix WeWork

Masayoshi Son, the head of SoftBank, has asked the former CEO of Sprint to take a more hands-on role helping oversee a cleanup of the office-rental company from his position at SoftBank

SoftBank
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SoftBank Group is tapping Marcelo Claure to help turn around WeWork, after ousting co-founder and Chief Executive Officer Adam Neumann from the corner office earlier this week.

Masayoshi Son, the head of SoftBank, WeWork’s largest investor, has asked the former chief executive officer of Sprint to take a more hands-on role helping oversee a cleanup of the office-rental company from his position at SoftBank, said people familiar with the matter, who asked to not be identified because the matter isn’t public. 

No decision has been made on his exact role, the people said.

Claure will help WeWork’s new leadership identify revenue and cost-saving

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First Published: Sep 28 2019 | 10:54 PM IST

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