(Crain's) — Groupon Inc., the homegrown daily-deal website that recently rejected a reported $6-billion acquisition offer from Google Inc., has hired an Amazon.com veteran to be its first-ever chief financial officer.
Jason Child, most recently vice-president of finance for Amazon's international business, spent nearly 12 years at the company. He also worked in investor relations, technology, marketing and as corporate controller for the online retail giant. Before that, he spent more than seven years as an accountant and consultant at Arthur Andersen.
“Groupon is one of the most amazing businesses I have ever seen,” Mr. Child said in a release. “I am thrilled to join a great team that is attacking one of the biggest opportunities in e-commerce today.”
Mr. Child, 42, received a bachelor of arts in finance with an accounting concentration from the University of Washington. He and his family have relocated from Seattle to Chicago.
Until now, the CFO job had been informally filled by Eric Lefkofsky, one of Groupon's early investors.
Mr. Child's hiring follows reports that Groupon is seeking several hundred million dollars in funding. Last week, Bloomberg News reported that the financing, which sources said would put Groupon's value lower than Google's reported $6-billion offer, could help Chicago-based Groupon expand and maintain is size advantage over rival deal sites.
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