Article 5JBF2 WeWork founder Adam Neumann received $445m payout in exit package

WeWork founder Adam Neumann received $445m payout in exit package

by
Edward Helmore in New York
from US news | The Guardian on (#5JBF2)

Neumann received $245m in company stock and $200m in cash earlier this year as part of a renegotiation with investor SoftBank

WeWork founder Adam Neumann received $245m in company stock and $200m in cash earlier this year, part of an enormous exit package from the office rental company he led to dizzy heights before its equally dramatic fall.

The award comes nearly two years after a disastrous attempt by the company to go public and the ousting of Neumann.

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