Groupon CFO Melissa Thomas resigning; Damien Schmitz appointed Interim CFO

Groupon, Inc.

CFO Melissa Thomas resigns effective Nov 4, 2021 to pursue another opportunity; no disagreement with company.
Damien Schmitz appointed Interim CFO effective Nov 5, 2021; previously SVP Finance since Oct 2021.
Schmitz receives monthly stipend of $18,750 on top of base salary for serving as Interim CFO.
One-time RSU grant valued at $300,000 vesting 100% on Aug 15, 2022, plus $162,500 cash bonus.
Severance: 12 months salary, COBRA, equity acceleration if terminated without cause or in change of control.

item 5.02 item 9.01

Executive movements

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Departed

Melissa Thomas

Chief Financial Officer

GRPN · Groupon, Inc.

Effective: 2021-11-04
Successor: Damien Schmitz
Filed: October 13, 2021, 7:59 PM ET

Melissa Thomas, Chief Financial Officer of Groupon, Inc. (the “Company”), notified the Company of her decision to resign, effective November 4, 2021, in order to pursue a new opportunity at another company.

Appointed (interim)

Damien Schmitz

Interim Chief Financial Officer

GRPN · Groupon, Inc.

Effective: 2021-11-05
Filed: October 13, 2021, 7:59 PM ET

the Company appointed Damien Schmitz, as Interim Chief Financial Officer, effective November 5, 2021.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Melissa Thomas resigned as Chief Financial Officer at Groupon, Inc..

Action: resigned
Role: Chief Financial Officer

Exact text from the filing

Melissa Thomas, Chief Financial Officer of Groupon, Inc. (the “Company”), notified the Company of her decision to resign, effective November 4, 2021, in order to pursue a new opportunity at another company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Damien Schmitz was appointed as Interim Chief Financial Officer at Groupon, Inc..

Action: appointed
Role: Interim Chief Financial Officer

Exact text from the filing

the Company appointed Damien Schmitz, as Interim Chief Financial Officer, effective November 5, 2021.

View on SEC.gov

Groupon, Inc. filing history →

Source: SEC EDGAR

accession 0001490281-21-000112

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