Groupon e-commerce marketplace (NASDAQ:GRPN) has announced a change in management, with board member Dusan Senkypl taking over as interim CEO, effective immediately.
Senkypl succeeds Kedar Deshpande, who resigned as CEO and Director, and will continue serve as a counselor for 60 days to assist in the transition.
“Dusan is a proven leader and operator and his experience leading transformations, building successful internet products and helping grow a Groupon-like market uniquely positions him to take over as our interim CEO at this critical time,” said Ted Leonsis, president of Groupon. Board of Directors.
Senkypl co-founded Pale Fire Capital in 2015, where he serves as Chairman and CEO. Along with his appointment, Senkypl will leave his day-to-day responsibilities at Pale Fire Capital.
Pale Fire Capital is the largest shareholder of Groupon (GRPN) owning almost 22% of the outstanding shares.
Groupon (GRPN) shares gained about 7% premarket on friday
