SoftBank Chief Operating Officer Marcelo Claure became the executive chairman of WeWork
parent The We Company, following its bailout by the Japanese firm.
Artie Minson, chief financial officer, and Sebastian Gunningham, vice chairman, currently serve as the co-chief executives of The We Company.
SoftBank owns 80 per cent of the troubled office-sharing startup, but has not consolidated the company on its books because it will not hold a majority of voting rights.
SoftBank has four board seats on the company's expanded 10-member board. The startup is looking for a new leader who could join as soon as January, the WSJ report said.