Groupon COO departs for Google

Groupon COO Margo Georgiadis has left the company to join Google as president of Americas, the daily deals site said on Sept. 23.

Groupon confirmed the move and referred requests for comment to its blog post. A Google spokesperson confirmed the hire via email.

In a blog post, Groupon CEO Andrew Mason said the company's sales, channels, international and marketing divisions will report directly to him following Georgiadis' departure.

Georgiadis joined Groupon in April, having previously served as Google's VP, global sales planning and technology.

Groupon filed to go public in June, but in recent months the company has experienced a series of setbacks, including regulatory scrutiny and a $102.7 million net income loss for the second quarter despite recording $878 million in revenue for the period.