Seeking Alpha

Lefkofsky Groupon's permanent CEO

  • Groupon (GRPN) has named Eric Lefkofsky its permanent CEO, and Ted Leonsis its chairman.
  • Lefkofsky, a controversial figure, was previously Groupon's chairman, and (since Andrew Mason's firing) has been sharing an "Office of the Chief Executive" with Leonsis, who until now was Groupon's vice chairman.
  • Leonsis: "The Board is encouraged by Groupon’s performance under Eric’s leadership, and we’re pleased that he has agreed to lead the company through this important stage of its evolution."
  • Groupon Q2 results: I, II
Comments (1)
  • Deja Vu
    , contributor
    Comments (1095) | Send Message
     
    Groupon bulls should read up on Lefkofsky's career promoting companies on google before investing in anything with him at the helm.
    7 Aug 2013, 07:17 PM Reply Like
DJIA (DIA) S&P 500 (SPY)