All is not comfortable in the Groupon boardroom.
Groupon’s share price has fallen over 80% since its November 2011 IPO, leaving many investors to raise questions about the current structure of the board and its executive office.
This doubt is by no means a recent sentiment. Falling share prices and concerns of future profitability have been a constant cause for distress for founder and CEO Andrew Mason. Thus far, Groupon has made seven changes to the structure of the board and executive office. In fact, since the IPO, only three companies in the electronic shopping industry have made more changes to their directors and officers than Groupon has.
Here’s a look at the top ten: