by Christopher Freeburn | July 30, 2013 8:25 am
An email leaked to TechCrunch reveals that David Katz, Vice President and General Manager of consumer mobile at online deal website Groupon (GRPN) is leaving the company.
The company has confirmed that Katz will depart at the end of August. He is joining sports gear retailer Fanatics as senior vice president and general manager of mobile operations.
A former vice president of mobile at Yahoo (YHOO), Katz has been part of Groupon’s management team since April 2011, serving as vice president and general manager of retail solutions prior to overseeing mobile operations
Groupon says it has initiated a search for a replacement for Katz.
In February, Groupon ousted its founder and CEO Andrew Mason as it grappled with weak earnings and a sliding share price.
Shares of Groupon rose modestly in pre-market trading on Tuesday.
Source URL: http://investorplace.com/2013/07/groupons-mobile-chief-resigns/
Short URL: http://invstplc.com/1ftHfMT
Copyright ©2014 InvestorPlace Media, LLC. All rights reserved. 700 Indian Springs Drive, Lancaster, PA 17601.