Groupon (NASDAQ: GRPN) announced that Aaron Cooper, Groupon’s President of North America, has been appointed interim CEO by the Board of Directors.
The company has also announced that Rich Williams is no longer serving as CEO and Steve Krenzer is also no longer serving as Chief Operating Officer. Williams and Krenzer will continue as employees of Groupon.
Cooper has held multiple senior leadership positions across his 10-year Groupon career. He was the company’s first chief marketing officer and also ran the Travel and Goods businesses before assuming his current role.
Prior to joining Groupon, he held a variety of marketing and leadership positions at Orbitz and optionsXpress as well as consulting roles at AEG Partners, AOL and Price Waterhouse Management Consultants.
The Board of Directors has formed a committee to lead the search for a permanent CEO and Cooper is expected to participate. Groupon is a marketplace that enables real-time mobile commerce across local businesses, live events and travel destinations, and allows people to find and discover experiences.