WeWork taps former NCR, GE exec as latest CFO
Summary
Dunham himself replaced Kimberly Ross, a corporate finance veteran, who was appointed in March 2020 and departed after six months. The company has taken several steps to differentiate its offerings in 2022, having acquired regional co-working company Common Desk in January and announcing a partnership with real estate software firm Yardi to develop a workplace management software product set to debut in July. He will officially step down June 9 and will receive the severance set forth in his October 2020 employment agreement. The company has more recently had to contend with changing work norms as well as investor wariness, as the way both employees and employers think about physical office space and real estate has continued to morph nearly three years after the pandemic’s first onset. Large-scale technology players such as Google have announced billion-dollar investments this year for new office spaces in bids to bring back workers.
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