WeWork appoints new CFO

Office-sharing startup WeWork has announced that Kimberly Ross has been appointed as new chief financial officer for the group, weeks after it appointed Sandeep Mathrani as CEO.

It follows last month’s appointment of former EY executive, Shyam Gidumal, as its new chief operating officer, in the first major executive appointment under Mathrani.

Ross was previously finance chief at Baker Hughes for three years, and prior to this was finance chief at Avon Products between 2011 and 2014. She also previously worked at Koninklijke Ahold (now Ahold Delhaize)as its SVP and CFO. 

Earlier in her career, she held finance roles at Anchor Glass and Joseph E. Seagram and Sons, and was a senior manager in the risk and regulatory practice of EY.

Mathrani said he was “delighted” to welcome Ross to the leadership team, and said she brought with her a  “wealth of experience” managing corporate finance for leading global companies. 

He said: “She has a wealth of experience managing corporate finance for leading global companies and positioning them to operate efficiently and with discipline in order to deliver on financial targets. 

“The caliber of executives who have recently joined WeWork reflects the great potential in our business and transformational plan to deliver for our members and reinforce the Company’s position as a defining force in the future of work.”

Ross added: “I am excited to join the company at this critical point in its history, working closely with Sandeep, Marcelo and the management team to help improve the financial position of WeWork. 

“Together, we will work to achieve our business goals, while continuing to deliver an exceptional workplace experience to more members across the world.”