Liberty Planet Weblog

CNBC Names Groupon CEO…Never use this service!

Posted on: January 26, 2013

CNBC named embattled Groupon chief executive officer Andrew Mason the worst CEO of 2012 Tuesday.

Groupon’s value has declined sharply this year, while questions about Mason’s leadership have plagued the company’s co-founder. The company’s shares actually fell in late November after its board disclosed that Mason would not be removed from his position.

Despite the business troubles, Mason found time to donate $5,000 to President Barack Obama’s reelection campaign as well as $30,800 to the Democratic National Committee, the maximum total donation allowed in one year.

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