Who is the CEO of Groupon?
Who is the CEO of Groupon?
Kedar Deshpande (Dec 10, 2021–)Groupon / CEO
How much does the CEO of Groupon make?
Groupon CEO Andrew Mason’s annual base salary is $756.72, according to this SEC filing. The company said, “At his own recommendation to the Compensation Committee, Mr.
Who is the CFO of Groupon?
Melissa Thomas
Melissa Thomas was formally appointed CFO of Groupon at the beginning of the Covid-19 pandemic, and had to face a volatile situation in the global economy, while implementing a new growth strategy.
Who is Aaron Cooper?
Aaron Cooper is the Interim CEO at Groupon, an online marketplace with around 4,000 employees globally. Prior to that he had worked in several other roles at Groupon including president of North America, Chief Marketing Officer, head of Global Travel, Head of North America Services and Head of North America Goods.
Who is Kedar Deshpande?
Prior to joining Groupon, Kedar Deshpande spent more than 10 years at Zappos in roles of escalating responsibility, culminating with his appointment to CEO of Zappos. In addition, he held a number of other senior leadership positions across Zappos’ Marketing, Product, Tech and Service functions, including COO.
Who bought Groupon?
In February 2016, Chinese online retailer Alibaba Group Holding Ltd disclosed that it acquired a 5.6% stake in Groupon Inc. In April 2016, Groupon Inc. announced it received a $250 million investment from a private investment firm, Atairos Management LP, which has ties to Comcast Corp.
Is Groupon out of business?
On the bright side, Groupon won’t go bankrupt anytime soon. Its cash and equivalents balance dipped 11% to $750.9 million in 2019, but it hasn’t drawn any cash from its $400 million revolving credit facility yet.
Why did Groupon Now fail?
There was no effective way to limit the quantity of items you sold at a discount. Shops were driven into bankruptcy because Groupon sold thousands of items below cost. That’s crazy.” In other words, the company never did become adept at bridging the gap between traditional commerce and the web.
What happened to Zappos after Tony Hsieh?
Deshpande, previously chief operating officer for Zappos, took over as CEO in August 2020, shortly after the company abruptly announced Hsieh’s retirement after 21 years at the helm. Three months later, Hsieh, 46, died after sustaining injuries from a house fire in New London, Connecticut.