WeWork shareholders approve reverse stock split 1:10–1:40; Kurt Wehner named CFO with $500k salary

WeWork Inc.

Shareholders approved reverse stock split at ratio in range of 1-for-10 to 1-for-40, with board discretion to set exact ratio.
Kurt Wehner appointed CFO effective June 1, 2023; base salary $500k, target bonus $375k.
All seven director nominees elected; say-on-pay approved; EY ratified as auditor for FY2023.

item 5.02

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Appointed

Kurt Wehner

Chief Financial Officer and Treasurer

WeWork Inc.

Effective: 2023-06-01
Filed: June 16, 2023, 7:59 PM ET

As disclosed in the Original Form 8-K, the Company’s Board of Directors (the “Board”) appointed Kurt Wehner, the Company’s Chief Accounting Officer, as Chief Financial Officer and Treasurer effective June 1, 2023.

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Executive change SEC 8-K Item 5.02 confidence 0.95

Kurt Wehner was appointed as Chief Financial Officer and Treasurer at WeWork Inc..

Action: appointed
Role: Chief Financial Officer and Treasurer

Exact text from the filing

As disclosed in the Original Form 8-K, the Company’s Board of Directors (the “Board”) appointed Kurt Wehner, the Company’s Chief Accounting Officer, as Chief Financial Officer and Treasurer effective June 1, 2023.

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Source: SEC EDGAR

accession 0001140361-23-030265

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