KRTL BioTech

IPO hopeful WeWork adds woman to board, CEO returns $5.9 million, after backlash

IPO hopeful WeWork adds woman to board, CEO returns $5.9 million, after backlash

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 $5.9 million payment for use of the trademarked word "We."