WeWork courts T-Mobile's John Legere for CEO spot

Daniel Fowler
November 12, 2019

Since joining T-Mobile in 2012, Legere has helped turn around the company, guiding it to 26 straight quarters - and counting - with more than one million net customer additions.

WeWork is searching for someone to replace founder Adam Neumann, who resigned in September amid controversy over his leadership and months of turmoil, including a cancelled IPO, layoffs, and other issues.

WeWork executives Artie Minson and Sebastian Gunningham have led the company as a team since September.

Unlike Neumann, Legere is a highly effective business leader, having reshaped the culture and profitability of T-Mobile over the past decade.

WeWork did not immediately respond to Reuters request for comment.

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T-Mobile CEO John Legere at the company's headquarters in Bellevue, Wash.

He is known as much for his bright-pink T-shirts and sneakers as he is for his rapid turnaround of T-Mobile from an also-ran into a top carrier.

The merger between the third- and fourth-largest U.S. wireless companies cleared a hurdle in July when the Justice Department approved the acquisition.

In an interview with CNBC last month, he said that in the event Legere took the job, "John would know how to shape something out of this", and noted that Legere already has a good relationship with Masayoshi Son, the billionaire owner of Softbank, WeWork's biggest investor. SoftBank announced a rescue deal for WeWork in October that gave SoftBank 80% ownership in the company. Legere took in $66.5 million a year ago, eligible for up to $109 million if T-Mobile hit specific performance targets.

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