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

Fotocasa Madrid Buildings
Fotocasa Launches Travel Time Search Tool

The Spanish real estate portal Fotocasa has launched a tool that lets its users search for properties by the time...

Read More
Shutterstock 1965375514 1
Zillow's Listing Pages Get Biggest Overhaul in Five Years

The market-leading U.S. real estate portal Zillow has announced a redesign of its listing pages. According to a press release,...

Read More
Shutterstock 1743401084
CoStar's OnTheMarket Acquisition: Tebb to Remain CEO, Shareholder Questions the Deal

The latest news to come out of Costar's expected acquisition of UK agent-owned portal OnTheMarket has raised a couple of...

Read More
Shutterstock 2200544553
Financial Services Specialist BetterHome Group Increases Shareholding in South African Portal Private Property

The BetterHome Group has increased its shareholding in the South African real estate portal Private Property. According to a report...

Read More

Editor's Pick