Uber Hires Groupon’s Product Chief and Early Amazon Employee

You know you’re kind of a big deal when your departure causes your company’s stock to decline.

Groupon announced in an SEC filing earlier this week that Jeff Holden, its top product exec, would be leaving the company in mid-March. The stock dipped the following day as multiple analysts raised concerns about his departure. One analyst wrote that his “bullish view on Groupon’s multi-year turn-around is somewhat up in the air” as a result.

Now we know what Holden is doing next. Uber, the popular on-demand car service, announced early Friday that it had hired Holden to take over as its new chief product officer. Read more…

More about Groupon, Uber, Business, and Startups

Read more : Uber Hires Groupon’s Product Chief and Early Amazon Employee