NEW YORK–(BUSINESS WIRE)–WeWork Inc. (NYSE: WE), a leading global provider of flexible spaces, today announced that Daniel Hurwitz, co-founder and CEO of Raider Hill Advisors, has joined the Board of Directors of WeWork, effective June 23, 2022. He succeeds Jeffrey Sine, co-founder and partner of The Raine Group, who has served on WeWork’s board of directors since October 2019.
With more than three decades of experience transforming public and private companies in the commercial real estate industry, Hurwitz will bring exceptional vision to WeWork’s Board of Directors. Prior to co-founding Raider Hill Advisors, Hurwitz spent 16 years at SITE Centers (NYSE: SITC) – formerly known as DDR Corp. – serving in various leadership roles, including Chief Executive Officer from 2010 to 2015. Hurwitz also served as interim CEO of Brixmor Property Group (NYSE: BRX) from February 2016 to May 2016.
Hurwitz, who will chair WeWork’s audit committee, is currently a board member of Brixmor Property Group and Ideal Dental, and is an advisor to the board of Edens and ShopCore Properties. Previously, Mr. Hurwitz served as Chairman of ICSC from 2019 to 2020 and a member of the Board of Directors of General Growth Properties from 2013 to 2018, serving as Lead Director and Chairman of the Special Committee.
“Daniel brings deep knowledge of the real estate industry coupled with invaluable experience in times of transformation,” said Sandeep Mathrani, CEO and President of WeWork. “I am confident he will have a strong impact as we continue to execute our strategy to drive innovation, growth and profitability.”
“WeWork has established itself as the clear industry leader, demonstrating the power of its brand and an enduring value proposition,” Hurwitz said. “With a strong foundation already established, I look forward to working alongside the WeWork Board and leadership team to continue to drive sustainable long-term success.”
WeWork Inc. (NYSE: WE) was founded in 2010 with a vision to create environments where people and businesses come together and do their best. Since then, we have grown to become one of the world’s leading flexible space providers committed to providing technology-driven turnkey solutions, flexible spaces and community experiences. For more information about WeWork, visit us at wework.com.
Category: Investor Relations