WeWork reworks its C-suite execs while strengthening its global presence

May 21, 2019
Share this Post: 

The We Company's former Managing Director of Asia and Europe has been promoted to COO as part of the flexible workspace aggregator's reorganization of its C-suite as it continues to build its international arms.

The We Company promoted Eugen Miropolski to Chief Operating Officer from Managing Director of Europe and Asia — excluding Japan. Miropolski will remain based in London, according to Recode. Its COO Jen Berrent was named Co-President and will remain the company’s Chief Legal Officer, reporting to CEO Adam Neumann.

WeWork, which has had an international presence since 2014, expanded to nine new countries last year and plans to open its first office in Africa in Johannesburg. Miropolski told Recode that he’ll be focused on expanding WeWork “whether they’re in Jakarta or Johannesburg.”

The SoftBank-backed company said at the end of last year that more than half of its workspace desks were outside of the U.S. Despite its revenue more than doubling to $1.82 billion, heavy spending toward worldwide expansion led to losses of $1.93 billion for the year.

The We Company has also been on an acquisition spree, most recently buying office management startup Managed By Q, a platform that office tenants can use to hire on-demand staff like receptionists, IT support or cleaners.

Read more here

Join us in Miami Beach, June 5-7 for the Global Online Marketplaces Summit.

Miabannermay12

May 21, 2019

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Costar Q1 2024 Feat
CoStar Group Q1 Results: Homes.com Drives 12% Year-on-Year Revenue Growth to $656 Million

CoStar Group has released strong financial results in the same week that it announced its intention to acquire Matterport for...

Read More
Hemnet Feat
Hemnet Q1 2024: Strong Performance Across the Board for Swedish Market Leader

Swedish market leader Hemnet has revealed impressive results for the first three months of 2024, recording healthy double-digit growth YoY...

Read More
Costar Matterport
CoStar Group to Acquire Tech Firm Matterport for $1.6 Billion

CoStar Group has announced it will acquire the industry-leading real estate tech firm Matterport for $1.6 billion subject to shareholder...

Read More
Shutterstock 181374380
FangDD Full Year Financial Results for 2023: Net Losses Shrink as Revenues Rise

Chinese portal FangDD has released its full-year financial results for 2023, with optimism despite China's slow recovery post-pandemic. Highlights include:...

Read More

Editor's Pick