News

Technology News

Groupon Board Lets Founder And CEO Go

Friday, March 01, 2013 5:17:00 AM PDT | VentureDeal

   Chicago, Illinois  --  Online coupon company Groupon (NASDAQ: GRPN) has fired its founder and CEO, Andrew Mason.

After several quarters of poor financial results, the board appointed Executive Chairman Eric Lefkofsky and Vice Chairman Ted Leonsis to the newly created Office of the Chief Executive.

The appointments are a temporary, interim arrangement while the company searches for a new chief executive officer.

Email Page  Email Page | Print Page Print Page

Loading

Free Trial

Want unlimited access to the complete database with thousands of technology companies, VCs and transactions for only $25 per month?

Start your Free 14 Day Trial now – no obligation or credit card required.

Free 14 day trial. No Obligation. Click to Register.