Groupon Inc (NASDAQ:GRPN) has elected Deborah Wahl as a member of company’s Board, effective immediately. In her most recent role, Wahl served as Chief Marketing Officer and Senior Vice President at McDonald’s, USA. The firm also reported that Jeff Housenbold and Brad Keywell will depart the Board.
Eric Lefkofsky, the Chairman of Groupon, reported that they are thrilled to welcome Wahl to the Board and expects to benefit from her customer-focused perspective as company continues to evolve and grow. At the same time, he would like to thank Jeff and Brad for their long service. Both have contributed considerably to Groupon, Keywell as a co-founder and Housenbold as an experienced digital executive. They wish them the best and appreciate their efforts for making company stronger.
Wahl’s resume comprises over 20 years of high-level brand and marketing work. Besides her role at McDonald’s, Wahl also was CMO and Senior Vice President for the PulteGroup, one of the nation’s largest homebuilders, and also served on a number of senior profiles at Ford, Chrysler and Toyota.
Wahl expressed that Groupon’s focus on creating the world’s key local marketplace and revolutionizing on behalf of the client makes this a thrilling time. He looks forward to joining an extremely strong Board and associating with a talented management team on the firm’s further success. CEO Rich Williams expressed that Wahl brings a major customer-first mentality and extensive experience in advancing some of America’s top brands.
Williams expressed that building an unparalleled customer experience and a top brand are main components to establishing the daily habit in local. Wahl will add valuable guidance and expertise as they continue to invest in Groupon merchants and customers.
In the last trading session, the stock price of Groupon gained more than 3% to close the day at $5.46. The gains came at a share volume of 14.16 million compared to average share volume of 9 million.
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