Groupon founder Andrew Mason is out as CEO, according to a news release, and the company's board is already on the hunt for a replacement.
In the interim, executive chairman Eric Lefkofsky and vice chairman Ted Leonsis are in charge, and the board has appointed them the newly created "office of the chief executive."
The news is no surprise, and rumors have been circulating for weeks.
Another founder ousted from his own company; what a brutal business.