Product chief of Groupon to leave the company next month

Groupon product chief Jeffrey Holden is leaving the daily deals site effective March 18, according to a SEC filing posted today. No reasons were given on why the former Amazon exec is stepping down from the role. Crain’s reports that Holden is leaving for an undisclosed company, one of which is not directly competitive with Groupon. Holden joined Groupon after his Seattle startup company, Pelago, was acquired in 2011. 

Groupon said in a regulatory filing today that Jeff Holden, the company’s product boss, will be leaving the company on March 18. Holden joined Groupon in 2011 in an “acqhire” of his startup, Pelago. As senior vice president of product management, Holden reports to CEO Eric Lefkofsky and oversees all product development and management at the Chicago-based deals company. Holden is one of four out of eight execs on Groupon’s management team to have previously worked at Amazon. He spent more than eight years at the e-commerce behemoth, joining in its early days after previously working with Jeff Bezos at the hedge fund D.E. Shaw. He was one of the earliest members of Amazon’s management team, and worked in supply chain optimization as well as consumer product roles. A Groupon spokesman didn’t immediately respond to a request for comment.