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Groupon (GRPN) +3.3% AH after Kara Swisher reports several board members have been thinking of...

Groupon (GRPN) +3.3% AH after Kara Swisher reports several board members have been thinking of ousting CEO Andrew Mason in favor of a "more experienced" leader, as well as making other changes. However, she cautions Mason has support on Groupon's board, and is unlikely to be replaced immediately. Management issues are expected to be brought up at a board meeting later this week. Mason has taken plenty of heat for Groupon's post-IPO performance. (COO appointment)
Comments (1)
  • After all the mistakes made by the founder of the company, seems to be this good news. But movements are certainly speculative since no concrete information as to who would come. Also I do not think it so easy to remove the company who created.
    It is good to meet to check issues of numbers, and if the board is still perfecting bring their good results
    28 Nov 2012, 08:33 AM Reply Like
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