Groupon’s CEO and COO just stepped down, joining a slew of high-profile execs who have departed in 2020, including Bill Gates, who is leaving the boards of Microsoft and Berkshire Hathaway

Bob Iger

On March 25, 2020, both the CEO and COO of Groupon Inc. stepped down effective immediately.
On March 20, 2020, the CEO of tobacco company Altria, Howard Willard, revealed that he had tested positive for the coronavirus, and will be taking a medical leave of absence until further notice.
On March 13, Bill Gates had announced he would be stepping down from the boards of Microsoft and Berkshire Hathaway.
Bob Iger, CEO of Disney, and Keith Block, co-CEO of Salesforce, stepped down from their roles on February 25.
Several notable executives have stepped down or announced that they’re stepping down in 2020. In fact, January 2020 set a record for the most CEO departures in the US in one month — 219 in all.
Here are all the most notable executive departures of 2020 so far.
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SEE ALSO: CEO Departures Begin 2020 at Record Pace

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Groupon’s CEO, Rich Williams, and COO, Steve Krenzer, are stepping down from those roles while remaining with the company. North America President Aaron Cooper was named interim CEO while the company searches for a permanent hire.

Source: Groupon

Howard Willard, the CEO of Altria Group, one of the world’s largest producers of tobacco products, tested positive for the coronavirus and was taking a temporary medical leave of absence as of March 20.

Source: Reuters

Microsoft co-founder Bill Gates announced his decision to step down from the boards of Microsoft and Berkshire Hathaway in a LinkedIn post on March 13, to focus more on philanthropic ventures. Gates hasn’t worked full-time at Microsoft since 2008.

Source: Business Insider, LinkedIn

Mandy Ginsberg, the CEO of the company that oversees Tinder, Hinge, OKCupid, and Match, announced on January 28 that she’s stepping down after 14 years, citing personal reasons.

Source: Business Insider

Disney said on January 31 that Hulu CEO Randy Freer would be departing, with no direct replacement and company leaders reporting to Disney’s Kevin Mayer. In late February, Hulu’s Chief Marketing Officer Kelly Campbell was promoted to president of Hulu.

Source: Business Insider

Adam Bierman, CEO, and co-founder of the cannabis company MedMen, stepped down on February 1, after a steep decline in its share price over the last year. It also laid off 40% of its corporate workforce at the end of 2019.

Source: Business Insider, Business Insider

Terry Booth, the CEO of Aurora Cannabis, announced he was stepping down and retiring on February 6. Several struggling Canadian cannabis companies have shifted leadership roles lately — this is just the latest.

Source: Business Insider

Tidjane Thiam, CEO of Credit Suisse, resigned on February 6 after the company got caught stalking a former employee through a private investigator.

Source: Business Insider

Les Wexner, CEO of L Brands, a retail company that includes Victoria’s Secret and Bath & Body Works, stepped down on February 20 after almost 60 years. He was the longest-tenured CEO of …read more

Source:: Businessinsider – Finance


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