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WeWork CEO Adam Neumann has incentives tied to the company's stock value and his charitable donations

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WeWork CEO Adam Neumann's incentives tied to the company's stock value and his charitable donations

WeWork CEO Adam Neumann controls a majority of the voting rights through the company's class B and C shares.

"As the company grew, our board of directors desired to provide a significant incentive to Adam to conduct an initial public offering, based on the premise that the company's value would be maximized as a public entity rather than remaining privately held,' the company's S-1 filing states. "By connecting these awards to service to the company and long-term value creation, our board believes we have set the foundation for long-term incentive alignment between Adam and our stockholders," the company said.

Neumann must also fulfill certain charity contribution requirements in order to maintain voting control of the company.

 

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I'm pretty sure that guy is the lead singer of a local Styx cover band.

I think this is going to end bad!

Damn! I'd work for free for that man. CUTE!!!

The face of the top of the stock market...

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