Groupon Names Rich Williams as Chief Operating Officer

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Brean Capital Maintains Buy Following Groupon (GRPN) Management Changes and Repurchase Plan Increase

June 4, 2015 6:47 AM EDT

Brean Capital maintains a Buy rating and $11.00 price target on Groupon, Inc. (NASDAQ: GRPN) following management changes. GRPN announced early Wednesday that Rich Williams was promoted to COO from President of North America. Jason Child, Groupon's CFO, will be leaving the company. GRPN also announced an increase in its repurchase plan.

Analyst Tom Forte commented, "Groupon operates the 10th largest ecommerce platform, according to... More

B. Riley Downgrades Groupon, Inc. (GRPN) to Neutral

June 3, 2015 12:59 PM EDT

B. Riley downgraded Groupon, Inc. (NASDAQ: GRPN) from Buy to Neutral.

For an analyst ratings summary and ratings history on Groupon, Inc. click here. For more ratings news on Groupon, Inc. click here.

Shares of Groupon, Inc. closed at $6.03 yesterday.

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Groupon (GRPN) Appoints New COO; CFO Child Resigns; Adds $200M to Common Stock Buyback Plan

June 3, 2015 8:33 AM EDT

Groupon (NASDAQ: GRPN) announced it has named Rich Williams as Chief Operating Officer to oversee its global businesses and operations. Williams currently serves as President of North America and will continue in that capacity while adding responsibility for Groupons international regions.

Rich has been integral in steering our North American local business to three consecutive quarters of double-digit growth and helping to lead Groupons transformation to a mobile commerce marketplace, said CEO Eric Lefkofsky. As North America continues to be the leading edge of our tools, systems and... More

Groupon (GRPN) Names Rich Williams as COO, Guidance Unchanged

June 3, 2015 8:33 AM EDT

Groupon (NASDAQ: GRPN) announced it has named Rich Williams as Chief Operating Officer to oversee its global businesses and operations. Williams currently serves as President of North America and will continue in that capacity while adding responsibility for Groupons international regions.

Groupon today announced it has named Rich Williams as Chief Operating Officer to oversee its global businesses and operations. Williams currently serves as President of North America and will continue in that capacity while adding responsibility for Groupon's international regions. (Photo: Business Wire)

Rich has been integral in steering our North... More