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Groupon Ousts CEO, COO

Rich Williams has been relieved of the title of Groupon CEO a month after the deals site reported a dismal fourth-quarter performance. Williams will continue as an employee and the company’s current president of North America, Aaron Cooper, will become interim CEO and help in the search to find Williams’ permanent replacement. Chief Operating Officer Steve Krenzer is also no longer serving in his role, but will continue as an employee, the company says in a release.

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