WeWork names CEO Sandeep Mathrani as Chairman

Mathrani, a real estate sector veteran, was named WeWork's CEO in 2020 and tasked with managing a turnaround following an IPO effort and investor worries over corporate governance standards.

WeWork names CEO Sandeep Mathrani as Chairman
Sandeep Mathrani. Credits: Linkedin/@Sandeep Mathrani

Indian American Sandeep Mathrani, who has been the CEO of WeWork since 2020, has now been named Chairman of the Board. It also announced the hiring of Saurabh Jalan to its board of directors.

Saurabh Jalan. Credits: Linkedin/@SaurabhJalan

In Feb. 2020, Mathrani joined the worldwide flexible space company as Chief Executive Officer. He came in at a critical time for WeWork, as the company was rebuilding itself following the COVID-19-related interruptions and a recent failed attempt to arrange an initial public offering.