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New Groupon CEO won't be named until next year
Groupon CEO Andrew Mason(Credit:Dan Farber/CNET)Groupon is not racing to find a new CEO, say the interim leaders who've been running the show since the company's founder resigned earlier this year.Speaking to The Wall Street Journal in an interview published on Tuesday, Groupon's interim CEOs Ted Leonsis and Eric Lefkosky said that "are not in a rush" to name a new, permanent chief executive, adding that they have only just kicked off the process of finding a replacement.Related storiesFormer Groupon CEO shares 'business wisdom' through songComScore: Google claims top spot for desktop and mobile hits Facebook is changing the News Feed Former Groupon CEO leaks outgoing memo: 'I was fired today'Andrew Mason out as Groupon CEO"We want to bring in a world-class leader, but the talent pool is not huge," Leonsis told the Journal. "You probably won't see a new leader until the cheap wow power leveling new year."Former CEO Andrew Mason founded Groupon with the idea of delivering daily deals to customers. Despite mammoth initial growth that led the company to go public, things have soured and shares have plummeted. Mason resigned from his post on February 28, leaving Leonsis World Of Warcraft power leveling and Lefkosky to run the company until a permanent replacement could be named. Their focus to this point has been on expanding the mobile side of Groupon's business and helping its operation grow overseas.
New Groupon CEO won't be named until next year