WeWork has announced the appointment of John Santora as its new CEO, following the resignation of David Tolley earlier in the day. With over 47 years of experience and most recently serving as Tri-State chairman at Cushman & Wakefield, Santora brings a wealth of knowledge to his new role.
In light of these changes, WeWork’s board has also been restructured with notable members such as Anant Yardi (founder and CEO) and Daniel Ehrmann (partner at King Street). The company’s emergence from Chapter 11 further solidifies its position in providing flexible work solutions for companies looking to optimize their real estate footprint.
Santora expressed his belief that flexible work is no longer just an option but a crucial strategy for businesses. He also thanked his colleagues, partners, clients, and everyone associated with Cushman & Wakefield for their support throughout his career.
With this announcement comes an exciting challenge ahead for WeWork’s future growth.
