· new york (ap) — struggling online deals pioneer groupon has fired its quirky founder and ceo, andrew mason , amid worries that people are tiring of the restaurant, spa and botox deals that groupon built its business on. As groupon began to plummet, mason was named “worst ceo of the year” by several cnbc anchors and many investors called for his head. · andrew mason has officially stepped down from his position atop the embattled internet company groupon (nasdaq: So how exactly did andrew mason lose $ 1 billion in net worth and get fired from his own company? What did groupons board say about andrew mason? Struggling online deals pioneer groupon said thursday that it ousted founder and ceo andrew mason amid worries that people are tiring of the myriad of online restaurant, spa and botox deals that groupon built its business on. Grpn) just a day after it reported a $81. 1 million net loss. That finally happened yesterday, , when the groupon board announced they had fired andrew mason. How did andrew mason start groupon? Did andrew mason get fired from groupon? Is andrew mason still groupons ceo? · groupon fired its charismatic ceo andrew mason on thursday after a tumultuous tenure pockmarked by accounting gaffes, sophomoric stunts and a whopping 77% decline in the company’s share. · but to his detractors–and ultimately his board– mason is a character who could no longer lead groupon through its real-life financial woes and business problems.
