WeWork CEO Adam Neumann in talks over his role with parent company: sources

Adam Neumann, chief executive officer of the We Company, speaks during a ceremony in Shanghai on April 12, 2018.WeWork co-founder Adam Neumann has started talks with board directors and investors to discuss his future role, including the possibility of giving up his title as chief executive of the U.S. office-sharing start-up, people familiar with the matter said on Monday.

One possibility that Neumann is discussing is transitioning into a chairman role, the sources said. Details of the discussions and what Neumann would ask in exchange for giving up his CEO title could not be learned.Another option would be for Neumann to remain as CEO, with an independent chairman brought in to join the board, according to one of the sources.

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