Groupon CEO Andrew Mason Responds to Rumors that He'll Be Replaced

Groupon founder and CEO Andrew Mason says that he isn't surprised that Groupon's board is talking about replacing him, saying "I care far more about the business than about being the CEO."

Groupon founder and CEO Andrew Mason says that he isn’t surprised that Groupon’s board is talking about replacing him, saying “I care far more about the business than about being the CEO.”

Mason was interviewed at the Business Insider Ignition conference in New York, and was asked point blank by Henry Blodget what he thought about the rumors.

“Here’s a news flash: our stock is down about eighty percent since we IPO’d a year ago. It would be weird if the board was not discussing whether I was the right guy for the job,” Mason said.

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