WeWork has hired Shyam Gidumal, former executive at professional services firm Ernst & Young, as its new chief operating officer.
Gidumal spent 10 years as the head of retail and consumer products at EY. He also worked for private equity fund Crown Capital, served as CEO at Strategic Turnarounds & Investment Corp. and was a private equity operating partner for Toys “R” Us.
This new hire is the second time the company has hired an executive with extensive retail experience. Just this month, former CEO of Brookfield Properties’ retail group Sandeep Mathrani was brought on as the coworking company’s new CEO.
“I’ve spent my entire career managing or advising companies, often through key transformational endeavors, to help position them for long-term success,” said Gidumal. “Whether it was helping to found Fresh Direct, launching Gemini Industries on its growth trajectory, or reinvigorating enterprises such as Acterna or Worldcom, my role has been to constructively manage businesses for long-term success and sustainability. I am thrilled to join WeWork in its exciting next chapter, working across all levels of the business on our path to profitable growth.”