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.
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.
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.