Groupon shakes up international sales staff
BY SANDRA GUY Business Reporter email@example.com September 28, 2012 12:40AM
Updated: September 28, 2012 5:16PM
Groupon’s European leadership team is undergoing a shakeup, including the departure of the head of international business.
A Groupon spokeswoman on Friday confirmed a Reuters newswire report that Veit Dengler, senior vice president-international, is exiting the Chicago-based daily deals company.
At the same time, senior vice president of sales Chris Muhr, 31, is moving to oversee operations in Europe, the Middle East and Africa.
On Friday, Groupon said it has hired Rob Kilgarriff, 54, to take Muhr’s position as vice president of North American sales and account management. Kilgarriff previously worked with Groupon’s head of sales and operations, Kal Raman, 54, at GlobalScholar, an online learning and tutoring technology firm based in Seattle. Before that, Kilgarriff spent about 12 years in sales and technology roles at GE Plastics and GE Capital.
Groupon has seen a succession of sales executives leave, including former national sales head Lee Brown and Jayna Cooke, the salesperson who snagged Groupon’s first national deals with Gap and Nordstrom.
Groupon told investors in its second-quarter earnings call that it hurt its European business by offering discounts so large they upset local merchants, at a time when the European economy is in recession amid the euro crisis.
Groupon stock ended the trading day Friday at $4.76 a share, down 76 percent from the first day of trading as a public company last November.