WeWork Names New CEO Following Coworking Firm’s Bankruptcy Exit

WeWork named John Santora its new chief executive officer following a global restructuring and the company’s emergence from bankruptcy in the US and Canada.

Santora comes from property-brokerage firm Cushman & Wakefield Plc, where he was most recently tri-state chairman. He will start as CEO and a director at WeWork on June 12, the coworking company said in a statement Tuesday.

While demand for office space in general has taken a hit since the pandemic, coworking remains a popular option for tenants seeking flexibility.

“Flexible work is no longer just an option, but rather a strategic imperative for companies ...