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WeWork co-chiefs would reportedly each earn $8.3 million if ousted - Business Insider

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New WeWork co-chiefs would reportedly each receive $8.3-million golden parachute if they were fired or choose to leave

Co-chief executives Artie Minson and Sebastian Gunningham took over WeWork after its founder and former CEO Adam Neumann stepped down, receiving aWe Company; Samantha Lee/Business Insider

Neumann could continue to earn hundreds of millions under a revised agreement that altered the terms of his remaining financial interests in the company. Berrent's revised contract also means she will notDetails of the revised exit packages were sent to shareholders and employees, and the substantial sums are surprising given that the company's board has considered alternate candidates for all three executives. The documentsMinson and Gunningham initially took $1.

, a SoftBank executive who was appointed executive chairman of WeWork. Berrent downgraded from a salary of over $871,000 to $600,000.

 

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