Groupon Changes Business Plans as Search for CEO Begins
By David Tobia
March 4, 2013
March 4, 2013
Groupon announced it has begun its search for a new CEO to replace Andrew Mason. Groupon’s stock has fallen more than 75 percent since its IPO, including a 20 percent drop after reporting its fourth-quarter earnings. The company may need to effectively transition from its past as a daily deals company to a future more focused on standing deals, discounted product sales and international business. Continue reading Groupon Changes Business Plans as Search for CEO Begins