Groupon’s CEO and COO just stepped down, joining a slew of executive departures in 2020, including Bill Gates, who is leaving the boards of Microsoft and Berkshire Hathaway

Bob Iger and Keith Block are just two of several notable CEO departures in 2020.

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Bob Iger and Keith Block are just two of several notable CEO departures in 2020.
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VCG/Getty Images
  • On March 25, 2020, both the CEO and COO of Groupon Inc. stepped down effective immediately.
  • On March 20, 2020, the CEO of tobacco company Altria, Howard Willard, revealed that he had tested positive for the coronavirus, and will be taking a medical leave of absence until further notice.
  • On March 13, Bill Gates had announced he would be stepping down from the boards of Microsoft and Berkshire Hathaway.
  • Bob Iger, CEO of Disney, and Keith Block, co-CEO of Salesforce, stepped down from their roles on February 25.
  • Several notable executives have stepped down or announced that they’re stepping down in 2020. In fact, January 2020 set a record for the most CEO departures in the US in one month – 219 in all.
  • Here are all the most notable executive departures of 2020 so far.
  • Visit Business Insider’s homepage for more stories.

Groupon’s CEO, Rich Williams, and COO, Steve Krenzer, are stepping down from those roles while remaining with the company. North America President Aaron Cooper was named interim CEO while the company searches for a permanent hire.

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People enter and leave Groupon’s headquarters in Chicago
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Thomson Reuters

Source: Groupon


Howard Willard, the CEO of Altria Group, one of the world’s largest producers of tobacco products, tested positive for the coronavirus and was taking a temporary medical leave of absence as of March 20.

Source: Reuters


Microsoft co-founder Bill Gates announced his decision to step down from the boards of Microsoft and Berkshire Hathaway in a LinkedIn post on March 13, to focus more on philanthropic ventures. Gates hasn’t worked full-time at Microsoft since 2008.

Source: Business Insider, LinkedIn


Mandy Ginsberg, the CEO of the company that oversees Tinder, Hinge, OKCupid, and Match, announced on January 28 that she’s stepping down after 14 years, citing personal reasons.

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Jerod Harris/Getty Images

Source: Business Insider


Disney said on January 31 that Hulu CEO Randy Freer would be departing, with no direct replacement and company leaders reporting to Disney’s Kevin Mayer. In late February, Hulu’s Chief Marketing Officer Kelly Campbell was promoted to president of Hulu.

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Slaven Vlasic/Getty Images

Source: Business Insider


Adam Bierman, CEO, and co-founder of the cannabis company MedMen, stepped down on February 1, after a steep decline in its share price over the last year. It also laid off 40% of its corporate workforce at the end of 2019.

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Courtesy of MedMen

Source: Business Insider, Business Insider


Terry Booth, the CEO of Aurora Cannabis, announced he was stepping down and retiring on February 6. Several struggling Canadian cannabis companies have shifted leadership roles lately — this is just the latest.

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Chris Unger/Zuffa LLC/Zuffa LLC via Getty Images

Source: Business Insider


Tidjane Thiam, CEO of Credit Suisse, resigned on February 6 after the company got caught stalking a former employee through a private investigator.

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REUTERS/Ruben Sprich

Source: Business Insider


Les Wexner, CEO of L Brands, a retail company that includes Victoria’s Secret and Bath & Body Works, stepped down on February 20 after almost 60 years. He was the longest-tenured CEO of any Fortune 500 company at the time.

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Nicholas Hunt/Getty

Source: Business Insider


Tyler Haney, founder and CEO of the clothing brand Outdoor Voices, stepped down on February 21, following a tough year. The clothing brand reportedly lost around $2 million a month in 2019. Haney left the company altogether several days later.

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Photo by Rick Kern/Getty Images for Inc

Source: Business Insider, Business Insider


Fastly CEO Artur Bergman said on February 22 he would leave the position, less than a year after the internet infrastructure company went public. He said it was because he’s a stronger developer than he is a company leader.

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Fastly CEO Artur Bergman
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Fastly

Source: Business Insider


Keith Block, co-CEO of Salesforce, left the position on February 25, which surprised industry watchers, who thought Block might eventually take over from founder Marc Benioff as sole CEO.

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Ryan Young for Business Insider

Source: Business Insider


Bob Iger, CEO of Disney, stepped down on February 25. He had held the role since 2005 and renewed his contract in 2017.

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Jeff Kravitz/FilmMagic / Getty Images

Source: Business Insider


Harley-Davidson CEO Matt Levatich resigned on February 28 following years of decreasing demand for motorcycles.

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Rajesh Kumar Singh/Reuters

Source: Harley-Davidson, Forbes


Ginni Rometty, CEO of IBM, is departing in April after eight years of leading the company through a difficult transition period.

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Neilson Barnard/Getty

Source: Business Insider


Although it was announced in 2019, T-Mobile’s CEO John Legere is scheduled to step down in May 2020. During his 7-year run, T-Mobile’s share price increased from $12 to nearly $80.

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Michael Loccisano/Getty Images

Source: Business Insider


LinkedIn CEO Jeff Weiner is stepping down in June after 11 years of running the company.

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Stephen Lam/Getty Images

Source: Business Insider


Mastercard CEO Ajay Banga is set to step down in early 2021 after more than a decade running the company.

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MasterCard

Source: Business Insider