Tag Archives: Resign
With poor results, change in leadership does not end a massacre for Groupon’s ex-CEO Andrew Mason as it has been confirmed that Mason has left Groupon’s board and will receive severance “for termination without cause.” Mason will be paid half its year’s salary i.e. $378.36 million although in regulatory filings, Groupon says if he leaves the company, he will...
The World’s biggest mobile carrier by subscriber, China Mobile about which we earlier reported that had revealed that it is aiming to add 30 million 3G users this year and also expecting handsets subsidies for 2012 to total 20 billion yuan ($3.16 billion), which would be up 17.6 percent from last year. The news to add further the mobile company disclosed the resignation...
Yahoo, the premier digital company is seeing a lot of heat up these days, since the company hired its new former PayPal employee Scott Thompson as its new CEO. Soon after this, the company’s co-founder Jerry Yang has resigned from its board of directors. According to AllThingsD, Yahoo will soon announce the departure of four of its longtime board members, including...