IPO hopeful WeWork adds woman to board, CEO returns $5.9 million, after backlash

WeWork owner The We Company took some steps on Wednesday to burnish its appeal to investors ahead of its initial public offering by adding a woman, Frances Frei, to its all-male board and announcing that its CEO would return a $5.9 million payment for use of the trademarked word “We.”

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Source:: Reuters – Business News