Magical Trade
Thursday, August 11, 2022
  • Home
  • Trade News
  • Email Whitelisting
  • Privacy Policy
No Result
View All Result
  • Home
  • Trade News
  • Email Whitelisting
  • Privacy Policy
No Result
View All Result
Magical Trade
No Result
View All Result
Home Trade News

Softbank COO Marcelo Claure, right-hand man to Masa Son, is leaving the company, sources say

by
January 27, 2022
in Trade News
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

RELATED POSTS

Mocked by Everyone, Stock Rally Sits at Cusp of a Chart Landmark

Sanofi and GSK Lead $40 Billion Rout as Zantac Worries Mount

In this article

SOBKY

Marcelo Claure, Chairman of WeWork, Inc., speaks during an interview at WeWork’s IPO on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 21, 2021.
Brendan McDermid | Reuters

SoftBank Chief Operating Officer Marcelo Claure is preparing to resign from the Japanese technology conglomerate, perhaps as soon as Thursday, according to people familiar with the matter.

Claure has been in discussions to leave SoftBank for several months, said the people, who asked not to be named because the negotiations are private. Claure may be looking to run his own investment firm, one of the people said.

Claure joined SoftBank in 2013 after selling a majority stake of wireless provider Brightstar to the company for $1.26 billion. He later became CEO of the SoftBank majority-owned Sprint, which successfully merged with T-Mobile in April 2020.

When Claure stepped down as Sprint chief in 2018, he took on additional roles at SoftBank, including COO at SoftBank Group and CEO at SoftBank Group International. Chairman and CEO Masayoshi Son chose him to revamp WeWork in October 2019 after Son helped push out founder Adam Neumann from running the company.

The New York Times reported Claure wanted $2 billion in compensation from SoftBank for turning around WeWork, which went public via a special purpose acquisition vehicle in October, and successfully putting Sprint together with T-Mobile. Bloomberg reported earlier Thursday that Claure is stepping down due to compensation disagreements with Son.

This isn’t the first time a close advisor to Son has abruptly departed the company. Nikesh Arora, who arrived at SoftBank to eventually succeed Son, left in 2016 when Son decided he wasn’t ready to step down. Alok Sama, another top Son lieutenant, left the company in 2019.

WATCH: Marcelo Claure to step down as SoftBank COO

ShareTweetPin

Related Posts

Mocked by Everyone, Stock Rally Sits at Cusp of a Chart Landmark

by
August 11, 2022
0

',panelEmptyTemplate=' {emptyPanelMsg} ',panelErrorTemplate=' {errorMsg} ',panelParentTemplate='',notifOnboardPromoTemplate='',EXPANDED_PANEL="expanded_panel",ERROR_PANEL="error_panel",NotificationView=function(){function e(n,t){classCallCheck(this,e);var i=this;i._config=n,i._panelNode=null,i._store=t}return createClass(e,[{key:"_generatePanelMarkup",value:function(e,n){var t=this._config,i=void 0,o=void 0;"undefined"!=typeof window&&(i=window.Notification&&"default"===window.Notification.permission,o=t.promos.bypassEligibleClassCheck||hasClass(document.body,t.promos.eligibleBodyClass));var r=t.promos.enableNotifOnboard&&i&&o?notifOnboardPromoTemplate:"";if(r){var s=t.promos.showYahooLogo?"":"yns-no-logo";r=r.replace("{notifOnboardBtnLabel}",t.promos.notifOnboardBtnLabel).replace("{notifOnboardMsg}",t.promos.notifOnboardMsg).replace("{subscriptionTopic}",t.promos.subscriptionTopic).replace("{noLogoClass}",s).replace("{promoLogo}",t.promos.promoLogo)}var a=n.newCount>t.panel.maxCount?n.newCount:"",c=t.panel.notificationCenterPath,l=c?"":constants.panelHideElement,d=t.panel.headerMsg?"":" "+constants.panelHideElement,u=c?constants.panelPaddingBtm:"",p=void 0;n.count?p=n.markup:p=panelEmptyTemplate.replace("{emptyPanelMsg}",t.panel.emptyPanelMsg);return e=e.replace("{notifMarkup}",p).replace("{promoMarkup}",r).replace("{hideClass}",l).replace("{notifCenterLink}",c).replace("{paddingClass}",u).replace("{headerMsg}",t.panel.headerMsg).replace("{hideHeaderClass}",d).replace(/{notificationCenterNavMsg}/g,t.panel.notificationCenterNavMsg).replace(/{newCount}/g,a)}},{key:"render",value:function(e,n){var t=this;if(t._panelNode){var i=void...

Sanofi and GSK Lead $40 Billion Rout as Zantac Worries Mount

by
August 11, 2022
0

',panelEmptyTemplate=' {emptyPanelMsg} ',panelErrorTemplate=' {errorMsg} ',panelParentTemplate='',notifOnboardPromoTemplate='',EXPANDED_PANEL="expanded_panel",ERROR_PANEL="error_panel",NotificationView=function(){function e(n,t){classCallCheck(this,e);var i=this;i._config=n,i._panelNode=null,i._store=t}return createClass(e,[{key:"_generatePanelMarkup",value:function(e,n){var t=this._config,i=void 0,o=void 0;"undefined"!=typeof window&&(i=window.Notification&&"default"===window.Notification.permission,o=t.promos.bypassEligibleClassCheck||hasClass(document.body,t.promos.eligibleBodyClass));var r=t.promos.enableNotifOnboard&&i&&o?notifOnboardPromoTemplate:"";if(r){var s=t.promos.showYahooLogo?"":"yns-no-logo";r=r.replace("{notifOnboardBtnLabel}",t.promos.notifOnboardBtnLabel).replace("{notifOnboardMsg}",t.promos.notifOnboardMsg).replace("{subscriptionTopic}",t.promos.subscriptionTopic).replace("{noLogoClass}",s).replace("{promoLogo}",t.promos.promoLogo)}var a=n.newCount>t.panel.maxCount?n.newCount:"",c=t.panel.notificationCenterPath,l=c?"":constants.panelHideElement,d=t.panel.headerMsg?"":" "+constants.panelHideElement,u=c?constants.panelPaddingBtm:"",p=void 0;n.count?p=n.markup:p=panelEmptyTemplate.replace("{emptyPanelMsg}",t.panel.emptyPanelMsg);return e=e.replace("{notifMarkup}",p).replace("{promoMarkup}",r).replace("{hideClass}",l).replace("{notifCenterLink}",c).replace("{paddingClass}",u).replace("{headerMsg}",t.panel.headerMsg).replace("{hideHeaderClass}",d).replace(/{notificationCenterNavMsg}/g,t.panel.notificationCenterNavMsg).replace(/{newCount}/g,a)}},{key:"render",value:function(e,n){var t=this;if(t._panelNode){var i=void...

Switch from gas boosts oil demand, but economic headwinds loom — IEA

by
August 11, 2022
0

Speaking to CNBC on Monday, the executive director of the International Energy Agency spoke about the intricacies of the energy...

Thai central bank governor says there’s no need to ‘undertake heroically large rate hikes’

by
August 11, 2022
0

The Bank of Thailand's move to hike interest rates by 25 basis point to 0.75% was a "gradual and measured...

This CEO developed what’s been dubbed Asia’s Tesla of scooters. Here are his top tips

by
August 11, 2022
0

Horace Luke isn't a fan of the word "no." "If I ask the first time I can do something...

Next Post

The fund that made $700 million on GameStop knew it was time to sell after an Elon Musk tweet

Tesla drops 10% as investors digest new vehicle delays

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

email

Get the daily email about stock.

Please Enter Your Email Address:



By opting in you agree to our Privacy Policy. You also agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!

MOST VIEWED

  • Forget Tesla — this auto stock is the one to buy right now, analyst says

    0 shares
    Share 0 Tweet 0
  • Fund manager believes FAANG is dead — says now it’s all about MANTA

    0 shares
    Share 0 Tweet 0
  • Bank of America names its top global tech stocks — including one it says has upside of 100%

    0 shares
    Share 0 Tweet 0
  • ‘Conviction sell’: UBS says avoid these global stocks amid rising headwinds

    0 shares
    Share 0 Tweet 0
  • Goldman Sachs "Will Higher Rates Put Out the Housing Fire?"

    0 shares
    Share 0 Tweet 0
  • Home
  • Trade News
  • Email Whitelisting
  • Privacy Policy
All rights reserved by www.magicaltrade.net
No Result
View All Result
  • Email Whitelisting
  • Home
  • Privacy Policy

All rights reserved by www.magicaltrade.net