Andrew Mason, CEO and co-founder of Groupon, has just been replaced by Executive Chairman Eric Lefkofsky and Vice Chairman Ted Leonisis will take over the new position of Office of the Chief Executive.
They will serve as interim co-CEOs while they hunt for a replacement to take over permanently.
Here’s the official Lefkofsky quote from the release:
On behalf of the entire Groupon Board, I want to thank Andrew for his leadership, his creativity and his deep loyalty to Groupon. As a founder, Andrew helped invent the daily deals space, leading Groupon to become one of the fastest growing companies in history. Groupon will continue to invest in growth, and we are confident that with our deep management team and market-leading position, the company is well positioned for the future.
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