WeWork Japan gets new CEO, days after We Company founder quits

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WeWork Japan gets new CEO, days after We Company founder quits
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WeWork Japan on Wednesday named a new head of local operations, just days after ...

FILE PHOTO: WeWork logos are seen at a WeWork office in San Francisco, California, U.S. September 30, 2019. REUTERS/Kate Munsch

Kazuyuki Sasaki moves from managing director to CEO of WeWork Japan, an office-sharing venture jointly owned by WeWork and its biggest backer SoftBank Group Corp , the company said in a statement.WeWork’s parent, the We Company, abandoned an initial public offering in September following criticism of its valuation and corporate governance.

WeWork Japan has grown to 21 locations in 5 cities in just 20 months, in part by filling seats with SoftBank employees, with WeWork also designing the tech conglomerate’s new Tokyo headquarters.

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