Some WeWork Directors Want to Oust CEO Adam Neumann

Some WeWork Directors Want to Oust CEO Adam Neumann

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Business

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The transcript discusses the complex dynamics between SoftBank and Adam Newman, the CEO and founder of the company. It explores the alignment of board members, potential outcomes if Newman is ousted, and the governance structure that allows Newman to fight back. The discussion also touches on the potential toxicity within the company if Newman attempts to oust the board. Finally, it considers the possibility of a CEO replacement, drawing parallels with Uber's past experience, although no formal search has been launched yet.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who are the two representatives of SoftBank on the board?

Mark Schwartz and Leona

Adam Newman and Travis Kalanick

Mark Schwartz and Ron Fisher

Leona and Ron Fisher

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main concern if the board votes against Adam Newman?

He might start a new company

He could fight to remain in control

He will immediately resign

He will join SoftBank

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What could happen if Adam Newman decides to fight the board?

The board will resign

SoftBank will increase its investment

He will gain more support

The company could become toxic

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is SoftBank's potential plan if they oust Adam Newman?

To find a new CEO

To sell the company

To dissolve the board

To merge with another company

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What example is given of a company that successfully replaced its CEO?

WeWork

SoftBank

Uber

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