Groupon’s COO Leaves, Returns to Google

Groupon’s chief operating officer Margo Georgiadis has left the daily deals company after only 5 months on the job and has gone back to Google.

Groupon CEO Andrew Mason said in a blog post that Georgiadis has gone back to her previous employer that is Google. She will join the company as President, Americas.

“Groupon is a great company and I feel privileged to have worked there even for a short time. It was a hard decision to leave as the company is on a terrific path. I have complete confidence in the team’s ability to realize its mission,” Georgiadis said in a statement.

Mason claimed that the departure was a good thing as it will allow the company to fine tune the way it functions. The CEO also informed that day to day operations will not be impacted. Mason said that the Sales, Channels, International, and Marketing divisions will now report directly to him.

Groupon, which once famously refused an acquisition offer from Google, is on the path to launching its first initial public offering. However, the prevailing marketing situation has forced the company to delay the IPO till the time is right.