The Wing is changing its leadership team after IWG provided the women-oriented coworking club with funding last month.
Sheila Lirio Marcelo, founder and former CEO of Care.com, has been named as executive chairwoman of its board of directors, while Lauren Kassan, cofounder of The Wing and its former chief operating officer, will serve as CEO.
“Sheila has dedicated her career and life’s work to ensuring women have the resources they need to succeed and fulfill their dreams,” said Jess Lee, Wing investor and Sequoia partner. “Not only does Sheila know what it’s like to lead and grow a successful company, she knows the unique challenges that come with being a woman—especially a woman of color—in the workplace.”
Care.com is an online marketplace that helps people find carers for children, seniors and pets.
After the Wing was close to the brink of bankruptcy last year in the midst of the pandemic, IWG invested into the company in order to help it expand and stay afloat.
Last June, former CEO and founder Audrey Gelman resigned after numerous allegations of toxic and discriminatory work culture.
