When a franchise only musters 19 road wins in three seasons, that franchise is in a state of disarray. This losing culture that characterizes the Washington Wizards, and has even before Ted Leonsis bought the team in 2010, still lingers as the team looks forward to the NBA draft on June 27 in Brooklyn, New York. Show More Summary
Matthew Staver/Bloomberg via Getty Images By HENRY BLODGET The co-CEOs of Groupon, Eric Lefkofsky and Ted Leonsis (pictured above), stopped by our offices this afternoon, along with CFO Jason Child and other senior Groupon executives. They...Show More Summary
Eric Lefkofsky and Ted Leonsis, who are jointly running Groupon, plan to continue as co-chief executive officers until they can find a new CEO who shares the company’s vision, including the idea that the daily deal company can evolve...Show More Summary
The co-CEOs of Groupon, Eric Lefkofsky and Ted Leonsis, stopped by our offices this afternoon, along with CFO Jason Child and other senior Groupon executives. They had some interesting things to say. Groupon, you may recall, is a four year-old digital commerce company based in Chicago. Show More Summary
Groupon co-chief executives Ted Leonsis and Eric Lefkofsky aren't racing to find the next CEO as the current executive team is "gelling."
Social shopping platform Groupon is bleeding money and now the company is adding nearly $1 million to its losses. The company on Tuesday filed an 8-K form with the SEC in which it details compensation levels for co-CEO replacements Eric Lefkofsky and Ted Leonsis. Both men took over daily operations for Groupon upon the departure of [...]Show More Summary
So the news came down that Groupon Inc (NASDAQ:GRPN) CEO Andrew Mason was forced out at the end of February. Two established executives, Ted Leonsis and Eric Lefkofsky, both investors in the company, will be co-chief executives from this point forward. I doubt very much that anyone reading this is shocked by the news. I [...]
Following a dismal earnings projection, Groupon announced that it has replaced co-founder Andrew Mason as the company’s chief executive officer. Executive chairman and Mason’s co-founder Eric Lefkofsky and vice chairman Ted Leonsis will serve as co-CEOs while Groupon searches for a new top executive. Show More Summary
Groupon co-founder Andrew Mason has been fired as the daily-deal company's CEO, one day after Groupon posted financial results that showed it lost $67.4 million during 2012. Board chairmen Eric Lefkofsky and Ted Leonsis will jointly fill the CEO post on an interim basis.
Groupon Announces Leadership Change Board Appoints Eric Lefkofsky and Ted Leonsis to the Office of the Chief Executive Board Initiates Search for New CEO CHICAGO--(BUSINESS WIRE)-- Groupon ( NAS: GRPN ), the global leader in local commerce,...Show More Summary
Andrew Mason, the Founder & CEO of Groupon, has been relieved of his duties at the embattled daily deals giant. Chairman Eric Lefkofsky and Vice Chairman Ted Leonsis will assume Mason’s duties until a permanent replacement is appointed. “Groupon will continue to invest in growth, and we are confident that with our deep management team [...]
Groupon's founder and executive chairman, Eric Lefkofsky, just took on the role of temporary co-CEO as the company searches for a replacement for Andrew Mason in the top job. Lefkofsky shares the role with Ted Leonsis, a Groupon board member who is a venture capitalist and owner of several sports teams. Show More Summary
Groupon this afternoon said Andrew Mason has been ousted as CEO. The daily deals company said Executive Chairman Eric Lefkofsky and Chairman Ted Leonsis have been named to the newly created office of the Chief Executive, replacing Mason, effective immediately. “On behalf of the entire Groupon Board, I want to thank Andrew for his leadership, [...]
Groupon founder Andrew Mason is out as CEO, according to a news release, and the 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 …
Andrew Mason, CEO and co-founder of Groupon, has just been replaced by Executive Chairman Eric Lefkofsky and Vice Chairman Ted Leonisis will take over the new position of Office of the Chief Executive. They will serve as interim co-CEOs while they hunt for a replacement to take over permanently. Show More Summary
Washington Wizards owner Ted Leonsis said he was "open" to changing the team's name back to the Bullets. Appearing on WMAL's "Mornings on the Mall" in Washington, D.C. on Friday with Breitbart News editor Larry O'Connor and Brian Wilson,...Show More Summary
The Wizards' owner wants to let fans know he's sorry the team is so rotten this season. [ more › ]
Washington Wizards owner Ted Leonsis turned down a trade with the Oklahoma City Thunder that would have sent Bradley Beal and Chris Singleton to OKC and James Harden to DC, according to Michael Lee of the Washington Post. Lee reports...Show More Summary
FedBid promises to save the government -- and every mid-size to large company -- 10-12 percent on almost everything it buys. Here's how.
Ted Leonsis is tempering his expectations for the Washington Wizards.