Groupon replaces CEO Andrew Mason, looks for new chief
SAN FRANCISCO Feb 28 (Reuters) - Groupon Inc replaced CEO Andrew Mason at the helm on Thursday, a day after posting a dismal set of quarterly results, and appointed co-founder Eric Lefkofsky and board member Ted Leonsis as interim chief executives.
The daily deals company said it has begun a search for a new CEO.
Shares in the company leapt 8 percent to $4.90 in after-hours trade, from a close of $4.53 on the Nasdaq.
- Malaysian plane presumed crashed; questions over false IDs |
- Malaysia signals missing plane has crashed; probes false IDs |
- Malaysian jet's disappearance among rarest of aviation disasters
- Libya threatens to bomb North Korean tanker if it ships oil from rebel port