We Company adds a director, ditches its $5.9 million naming deal with its CEO, remains a governance nightmare

INSUBCONTINENT EXCLUSIVE:
The company formerly known as WeWork, in an amendment to the S-1thatlauncheddozens ofcriticalheadlines, says it has added a new director to
previous claim to fame was rehabilitating the executive and managerial team at Uber Technologies in the wake of a series of fiascos that
repairing an oversight which the company received criticism for when it first filed for its initial public offering
Shareholder advocacy groups have pressed for greater diversity on corporate boards as a means to improve company performance and offer a
broader range of strategic guidance.As part of the amended filing, The We Company also committed to add a director to the board that will
officer of a company agreed to unwind an agreement with himself that paid him nearly $6 million so that the company he ran could use the
joining the board of directors.All of this comes after the same chief executive cashed out of $700 million through company stock and loan