WeWork owner The We Company's executives, investors and advisers are discussing curbing the voting power of founder Adam Neumann and removing his co-founder wife from a role in succession planning, a person familiar with the matter said on Thursday.
An announcement on the corporate governance could come as soon as Friday, the source said, cautioning that the plans are still subject to change and that no final decision has been made. Separately, the Wall Street Journal reported on Friday that WeWork's parent has chosen to list its shares on Nasdaq, adding that it would officially begin marketing the shares to investors next week ahead of a trading debut in the week of Sept 23.
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