WeWork courts T-Mobile's John Legere for CEO spot

WeWork courts T-Mobile's John Legere for CEO spot

John Legere helped turn T-Mobile around. The talks were first reported by the Wall Street Journal.

The company has been looking for a new CEO since WeWork co-founder Adam Neumann stepped down as CEO last month.

He's the face of the company and it nearly feels like an understatement to say he has had a hand in helping T-Mobile become one of the country's most popular wireless carriers.

Unlike Neumann, Legere is a highly effective business leader, having reshaped the culture and profitability of T-Mobile over the past decade.

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T-Mobile's stock fell around 2.5% Monday afternoon following the news of Legere's talks with WeWork. Legere is CEO of T-Mobile, which he has led since 2012. Legere, known for guzzling Red Bull, running marathons, and his popular Slow Cooker Sunday cooking show, ranks No. 4 on Glassdoor's Top CEOs list.

Jeffrey Sonnenfeld, a professor at the Yale University School of Management, previously said that Legere would be "the flawless guy for the job".

WeWork executives Artie Minson and Sebastian Gunningham have led the company as a team since September.

In an interview with CNBC last month, he said that in the event Legere took the job, "John would know how to shape something out of this", and noted that Legere already has a good relationship with Masayoshi Son, the billionaire owner of Softbank, WeWork's biggest investor. T-Mobile and Sprint are the third and fourth largest wireless carriers, and though their combination has been blessed by the FCC and the US Justice Department, 15 states and the District of Columbia are suing to block the deal over concerns about what the proposed $26 billion merger could mean for the marketplace.

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