Groupon (GRPN) CEO Andrew Mason Out, Initiates Search for New CEO
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Groupon (GRPN) CEO search said to take up to six months
March 6, 2013 11:27 AM ESTGroupon (Nasdaq: GRPN) CEO search said to take up to six months, according to Bloomberg headlines.... More
Groupon (GRPN) Details New 'Office of the CEO'; No New Compensation Offered
March 4, 2013 1:42 PM ESTOn February 28, 2013, Andrew D. Mason was terminated as Chief Executive Officer of Groupon, Inc. (Nasdaq: GRPN), effective immediately. Also on February 28, 2013 and effective immediately, Mr. Mason resigned from the Board of Directors of the Company.
On February 28, 2013, the Board established a new Office of the Chief Executive Officer reporting to the Board to serve the functions of the Chief Executive Office until such time that a new Chief Executive Officer is hired. Effective immediately, the Board appointed Executive Chairman Eric Lefkofsky and Vice Chairman Ted Leonsis to serve in this newly created... More
Traders Ease Short Positions on Groupon (GRPN) Into Q4 Numbers, CEO Firing
March 1, 2013 11:27 AM ESTGroupon (Nasdaq: GRPN) is popping about 7 percent higher on heavy volume Friday following the ousting of its co-founder and CEO Andrew Mason Thursday... More
Groupon's (GRPN) CEO Andrew Mason: 'I was fired today'
February 28, 2013 4:45 PM ESTGroupon's (NASDAQ: GRPN) Andrew Mason issued a memo to employees announcing he was fired as CEO. Below is a copy of that memo:
________________________________
People of Groupon,
After four and a half intense and wonderful years as CEO of Groupon, I've decided that I'd like to spend more time with my family. Just kidding I was fired today. If youre wondering why... you havent been paying attention. From controversial metrics in our S1 to our material weakness to two quarters of missing our own... More
Groupon (GRPN) Shareholders Say 'Good Riddance' to Mason, Shares Ramp 6%
February 28, 2013 4:36 PM ESTGroupon (NASDAQ: GRPN) shares are reacting positively to news CEO Andrew Mason is out. Shares last traded at $4.80, up 6%.... More
