A top-manager of discount service Groupon Lee Brown, who was responsible for national sales in the U.S., is leaving the company, RIA Novosti reported with reference to the statement of the COO of Groupon Kal Raman.
The team received a number of key clients under the leadership of Lee, and we would like to thank Lee for his contribution and wish him all the best - Reuters quotes Raman.
Brown is not the first senior manager who has recently left Groupon Company, which stock price fell by more than 80% since going public in November, 2011. The Wall Street Journal reported earlier this week that Jayna Cooke, who was another top manager in charge of sales, left Groupon.
The post of Brown, who came to Groupon from Yahoo in 2010, will be filled by Raj Ruparell. Ruparell previously headed Groupon Goods department which sells consumer products.
The media did not report Brown's plans about work as well as if it was his own decision or he was fired by the management.
Changes in the leadership also occurred in the Russian office of Groupon. The company said on Monday that Vadim Fedotov was appointed as the new CEO of the Russian branch. He replaced Dmitry Druzhinin, who, according to the source, will become the chief financial officer.
The net profit of the online service Groupon for the second quarter of 2012 amounted to $28,4M according to US GAAP against a loss of $107.4M for the same period of the previous year.