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

3 months ago

Marcelo Claure, Chairman of WeWork, Inc., speaks during an interrogation astatine WeWork's IPO connected the level of the New York Stock Exchange (NYSE) successful New York City, U.S., October 21, 2021.

Brendan McDermid | Reuters

SoftBank Chief Operating Officer Marcelo Claure is preparing to resign from the the Japanese exertion conglomerate arsenic soon arsenic today, according to radical acquainted with the matter.

Claure has been successful discussions to permission for SoftBank for respective months, said the people, who asked not to beryllium named due to the fact that the negotiations are private. Claure whitethorn privation to tally his ain concern firm, 1 of the radical said.

Claure joined SoftBank successful 2013 aft selling a bulk involvement of wireless supplier Brightstar to the institution for $1.26 billion. He later became CEO of the Softbank-majority owned Sprint, which successfully merged with T-Mobile successful April 2020.

When Claure stepped down arsenic Sprint CEO successful 2018, helium took connected further roles astatine SoftBank, including COO astatine SoftBank Group and CEO astatine SoftBank Group International. SoftBank Group chairman and CEO Masayoshi Son chose him to revamp WeWork successful October 2019 aft Son helped propulsion retired WeWork laminitis Adam Neumann from running the company.

The New York Times reported Claure wanted $2 billion successful compensation from SoftBank for turning astir WeWork, which went nationalist via peculiar intent acquisition conveyance successful October, and successfully putting Sprint unneurotic with T-Mobile. Bloomberg reported earlier today Claure is stepping down owed to compensation disagreements with Son.

This isn't the archetypal clip a adjacent advisor to Son has abruptly departed the company. Nikesh Arora, who came to SoftBank to yet win Son, near successful 2016 erstwhile Son decided helium wasn't acceptable to measurement down. Alok Sama, another apical Son lieutenant, near the institution successful 2019.

WATCH: Marcelo Claure to measurement down arsenic SoftBank COO