Will Former T-Mobile CEO John Legere Become CEO of WeWork? Odds Say No

• Recent restructuring happening in shared business space real estate company WeWork
• Co-founder Adam Neumann, who acted as the company’s CEO since its 2010 inception, has stepped down
• With replacement co-CEOs presently in place, the company’s next CEO is being debated. Could it be John Legere?

It’s been a wild decade for WeWork. But 2019 may be its wildest year so far.

Since the company’s 2010 inception, WeWork has dominated this decade as a force to be reckoned with. With a steadily growing operation, the shared business space real estate giant now boasts 836 locations worldwide and hosts 600,000 global members.

Since 2010, the company’s co-founder Adam Neumann acted as CEO. It was all fine and dandy until, well, it wasn’t anymore. Now, after some company encouragement, Neumann has stepped down.

With new co-CEOs acting in place, the company’s search for the next permanent CEO is on. Who will take the helm and help WeWork steadily realign its practices and move on to more success?

Odds John Legere Becomes the CEO of WeWork in 2020

Odds taken Nov. 21

In a case of either extremely coincidental or extremely calculated timing, Telecomms has a key player who may be aligning himself into WeWork’s realm.

‼️ I’ve got some important news! On May 1, I’ll be handing the magenta CEO reigns over to @SievertMike as my successor. This move has been under development for a long time and I couldn’t be more confident in the future of @TMobile under his leadership.

— John Legere (@JohnLegere) November 18, 2019

T-Mobile US’ present CEO John Legere announced on November 18 that he will be stepping down from his role at the end of April 2020 when his contract expires. T-Mobile already has Legere’s successor lined up, so it’s a pretty clean break.

Given that Legere has had this role since 2012 and showed no obvious signs of leaving until this announcement, it’s definitely eyebrow-raising for those following the business sector given the WeWork situation. It all seems too coincidental to not be involved somehow.

HeWork

Neumann’s departure from his WeWork gig has been an interesting story to follow, but it’s also left the public with many questions and few answers.

For those invested in WeWork’s success and following the trajectory of this company, it’s hard to tell where to go. Due to Neumann’s shaky business practices, the company isn’t exactly in the best state at the moment. WeWork has earned a wacky reputation thanks to Neumann.

Now that he’s out of the picture, though, the company is looking to regain (and likely improve upon) its once shiny reputation. This company was one to watch since its early days and the success WeWork achieved is nothing short of impressive. But the time is now for this company to be led with confidence and determination from the top down.

Change, Change, Change

Presently, WeWork is being operated by two fill-in CEOs who were appointed after Neumann’s exit. Artie Minson, who has been with WeWork since 2015, is filling half the role. Minson is sharing CEO duties with Sebastian Gunningham, who joined WeWork after a decade running Amazon Marketplace.

Even collectively, Minson and Gunningham share minimal tenure at the company, but that doesn’t seem to be an issue. That said, neither of them have that bold, sharp energy needed to take WeWork to its next level, and the company knows this.

Allegedly, WeWork has been suing Legere throughout this whole process. Legere has strongly denied the claims, but then again he also initially said he had no plans to leave T-Mobile and, well, look how that story turned out.

Even so, Legere knows the WeWork situation is a bit messy at the moment thanks to Neumann’s bizarre decision making and poor leadership. It would be a big ask and tough situation to turn the ship around, and he’s likely got something else up his sleeve for his next move. What it is, nobody knows.

Pick: No (-400)