The We Company has created a special board committee to review proposed rescue packages it is expecting to receive imminently from SoftBank and JPMorgan , with Reuters citing to four people familiar with the company . The co - workspace operator has established the committee , which comprises two We board members only , to try to keep some independence over financial decision - making from We , which is represented on We ' seven - member board . The two committee members are Bruce Dunlevie , a general partner at Benchmark Capital , and Lew Frankfort , former CEO of the handbag maker Coach .
The We Company has created a special board committee to review proposed rescue packages it is expecting to receive imminently from SoftBank and JPMorgan, according Reuters citing to four people familiar with the matter. The co-workspace operator has established the committee, which comprises two We board directors only, to try to keep some independence over financial decision-making from SoftBank, which is represented on We’s seven-member board. The two committee members are Bruce Dunlevie, a general partner at Benchmark Capital, and Lew Frankfort, former CEO of luxury handbag maker Coach.