Real estate ace Sandeep Mathrani is the CEO of WeWork
WeWork appointed the real estate veteran as its new executive director as of February 18, replacing the two senior executive co-directors who have been running the program since the company he collaborated had a bad weather in September after his Initial public offer failed (IPO).
Mathrani, an American Indian, joins the American real estate management company Brookfield Properties, where he was the CEO of its retail division. He will be part of the board and inform executive president Marcelo Claure. He was also the CEO of Properties for eight years before his period at Brookfield. General Growth Properties, one of the largest mall operators in the US UU., Was acquired by Brookfield in 2018.
“We have led an exhaustive search to identify a collaborative partner that is dedicated to the future success of WeWork. Sandeep is that person. You are the partner of choice with the right skills and experience while working to execute the WeWork transformation. He is a proven leader with experience in the real estate industry, Claure said.
Mathrani said WeWork has redefined the way people and businesses work with an innovative platform. He said he has an exceptionally talented team and significant potential if he sticks to his shared values and maintains the focus of his members first.