Wealthy Williams stepped down as CEO and board member and Steve Krenzer as chief working officer on Wednesday, however each stay employed by the corporate, Groupon mentioned.
“The phrases of Mr. Williams’ and Mr. Krenzer’s separations will likely be disclosed as obtainable and required,” the corporate mentioned.
Aaron Cooper, an organization insider who most just lately served as Groupon president for North America, has taken over as chief government whereas the corporate searches for a everlasting CEO.
Groupon didn’t touch upon the explanation for the manager modifications nor on the capability wherein Messrs. Williams and Krenzer remained employed. It additionally didn’t deal with the now-vacated place of chief working officer.