Groupon COO heads back to Google
Margo Georgiadis heads back to former employer five months after joining Groupon
Groupon's chief operating officer is jumping ship to re-join Google ahead of Groupon's highly anticipated IPO and just five months after first joining the company.
Groupon revealed on its official blog on Friday that Margo Georgiadis was leaving the company to become the president of Google's Americas business.
Georgiadis worked at Google before joining Groupon.
"As a fast-growing company, we've done a lot of hiring this year, including on our senior executive team. Since the beginning of this year, we've made a total of eight additions - that's 57% of the total executive team. It would have been great if I could say that we batted 1,000%, but that's rarely the case; after five months at Groupon, Margo Georgiadis, our COO, has decided to return to Google (her former employer) in a new role as President, Americas," Groupon chief executive officer Andrew Mason wrote in an official Groupon blog posting.
Groupon also said it would now be reorganising its management team, with the sales, channels, international and marketing teams now reporting directly to Mason.
"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 realise its mission," wrote Georgiadis in the blog post.
Georgiadis will take over from Dennis Woodside at Google; Woodside will now oversee the integration of Motorola Mobility Holdings with Google.