Sunday, May 26

WeWork-owned Meetup Appoints David Siegel as the CEO

New York-based firm Meetup that is owned by WeWork has announced the appointment of David Siegel as the CEO of the company. Earlier this year, The company’s founder and CEO Scott Heiferman moved into the chairman position, leaving the CEO role vacant, and thus, this appointment has taken place.

David Siegel will now be taking the helm at the 15-year-old company Meetup. Prior to this, he has been the CEO of Investopedia for three years, tripling the company’s revenue and doubling its traffic in that period.

Even before that, Siegel was president of Seeking Alpha, overseeing U.S.-based functions including sales, marketing, product and bizdev. At the end of 2017, co-working major WeWork acquired Meetup for around $200 million.

“In a world where technology often drives greater distances between people, Meetup uses technology to bring real, in-person and life-changing connections to millions of people globally. Together with WeWork, Meetup is reinventing how people work, live, learn, play, and create community every day. I am thrilled to be a be a part of this incredibly exciting venture to bring more people together,” Siegel said.

Meetup currently claims to have more than 40 million members, 320,000 Meetup groups and facilitates 12,000 meetups per day around the world.