Changes to the Groupon Board of Directors

I’m extremely excited to announce that Howard Schultz, CEO of Starbucks, has [joined the Groupon Board of Directors]( As CEO of one of the world’s most iconic brands, Howard is an invaluable addition to Groupon. His experience in building the culture and business of Starbucks and his relentless focus on innovation to improve customer experiences brings a unique combination of skills to our Board of Directors.

To make room for Howard and future additions to the board, a few of our existing (and fantastic) directors stepped down following our [most recent round of financing]( Along with Howard, the Groupon board currently consists of me, my co-founders Eric Lefkofsky (also the chairman) and Brad Keywell, Peter Barris, Kevin Efrusy, and Ted Leonsis. Stepping down will be John Walter, Harry Weller, and Jason Fried.

Everyone on our board has made major contributions to our success, so I’m extremely pleased that John, Harry and Jason will remain close to the company. John Walter, former CEO of R.R. Donnelley, taught me about the importance of culture – Groupon wouldn’t be nearly as cool a place to work if we didn’t have John. Without the support of Harry Weller from NEA, we might have never received the funding we used to conceive and grow Groupon – he’s also been our most prescient advisor, predicting trends like the rampant cloning of Groupon far before the rest of us. Jason Fried is a product genius, and will continue to help us simplify and refine our features as a member of our advisory board.

  • It was an honor to serve on the board of directors, Andrew. Thanks for the opportunity.

    I’m looking forward to continuing to be involved from my spot on the advisory board.

  • I have been and continue to be a supporter of Groupon as it certainly promotes connectivity and relationship buying.

    That said, it seems that there are some mightily qualified women who could serve the Groupon Board.

    Looking forward to hearing that news!

    Keep up the good work!

  • Hey I just read the article on you andrew, and on groupon, in time.

    It’s so fascinating that the fastest growing web company ever got started by an artistic type. I think it’s a great testimony to the idea that right brained thinking is the new powerhouse. I think whole hemisphere thinking is where the future really lies though. It’s interesting, with languages like Ruby it’s actually possible for an artist to actually feel a sense of possibility at interfacing with a computer, building applications, and developing the ability to think like a programmer.

    Oh, and absolutely fantastic choice with the CEO of starbucks. I read his entire book right in the bookstore at the providence place mall all at one time. I think that’s quite a testament to his approach that his thinking was engrossing enough for me to actually sit down and be compelled to read the entire book.

    Facebook has shown how critical it to keep a competitive edge and ward off complacency. I personally think facebook will be replaced within the next 5 to 10 years unless they start adding the features people really want/don’t know they want. (comprehensive privacy, a way to organize friends, unlimited friendlist, and a better search function).

    Hopefully you guys at groupon are immune to that because you have a highly creative leader and an experienced board of directors.

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