NEW YORK (REUTERS) - WeWork owner The We Company took some steps on Wednesday (Sept 4) 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 US$5.9 million (S$8.2 million) payment for use of the trademarked word 'We'.. Read more at straitstimes.com.
NEW YORK - 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 US$5.9 million payment for use of the trademarked word"We".
"These are positive steps," said David Erickson, a senior fellow and finance lecturer at the University of Pennsylvania's Wharton School. The We Company had originally planned to go public with an all-male seven-member board, a practice major investors such as BlackRock Inc frown upon, saying more diverse boards make better decisions.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
IPO hopeful WeWork adds woman to board, CEO returns US$5.9 million, after backlashWeWork owner, The We Company, said on Wednesday it will add a woman, Frances Frei, to its board of directors and unwound a US$5.9 million (4.8 ...
Read more »
WeWork adds woman to its board ahead of IPO after backlashWeWork owner The We Company said on Wednesday it will add a woman to its board of directors and unwound a US$5.9 million payment to its chief ...
Read more »
WeWork adds woman to its board after backlash ahead of IPOWeWork owner The We Company said on Wednesday it will add a woman to its board of directors and unwound a US$5.9 million payment to its chief ...
Read more »
Paris court hands ex-Thai airline CEO 4-year term over 2007 crashA French court on Tuesday sentenced the former head of a Thai budget airline to four years in jail over a 2007 crash that killed 90 people, nearly ...
Read more »
Paris court hands ex-Thai airline CEO 4-year jail term over 2007 crashA French court on Tuesday sentenced the former head of a Thai budget airline to four years in jail over a 2007 crash that killed 90 people, nearly ...
Read more »
Paris court hands ex-Thai airline CEO 4-year term over 2007 crashA French court on Tuesday sentenced the former head of a Thai budget airline to four years in jail over a 2007 crash that killed 90 people, nearly two-thirds of them foreigners. The suit, filed by the families of the nine French victims aboard the flight, claimed the crash landing on the resort island
Read more »