Former Sprint CEO Claure steps in to help WeWork

Marcelo Claure, Sprint’s former CEO, has stepped in to help turn around WeWork.

Adam Neumann, WeWork’s co-founder and CEO, resigned Sept. 24. WeWork was supposed to go public, but the coworking space operator pulled the IPO amid a tumbling valuation.

Claure joined Softbank Group Corp. in 2013, when the Japanese conglomerate bought his phone distribution company, Brightstar. Claure was CEO at Sprint from 2014 to 2018. SoftBank owns a majority stake of the Overland Park, Kansas-based wireless company.

SoftBank Chairman Masayoshi Son asked Claure to take a more direct role at WeWork after Neumann’s departure. Claure will look to help the company’s new leadership team with revenue and cost-saving opportunities.

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