Groupon Appoints Interim Chief Executive — Retail Bum

Groupon, a popular platform for local services and experiences, has named Dušan Šenkypl as the interim CEO, effective immediately.

He replaces Kedar Deshpande, who resigned as Groupon’s CEO just a year and a half after being appointed.

Šenkypl, who co-founded Pale Fire Capital and is a member of the company’s board of directors, will operate from the Czech Republic. He brings years of leadership experience in internet product development and has expertise in scaling marketplace platforms.

According to Groupon Board of Directors Chairman Ted Leonsis, Šenkypl has been actively engaged in providing oversight and identifying areas for improvement since he joined the board 10 months ago, making him a seamless fit for the new role.

The change in leadership comes at a time when the company is on a solid financial footing to support its transformation plans for the year. Šenkypl’s goal is to turn Groupon into the ultimate destination for local services and experiences, where trust and value are the key value propositions.

Šenkypl noted that Groupon is in a large and attractive market and has the assets to extend its market leadership. However, he emphasized the need for operational excellence, strong management, and operating systems to make quicker and bolder…