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Kedar Deshpande named CEO of Groupon Inc.

The 42 years old Kedar Deshpande has spent the last decade at Zappos in a variety of positions including COO and CEO.

Kedar Deshpande appointed as the new CEO of Groupon.

Groupon Inc, a well-known online coupon service in the United States, has appointed Kedar Deshpande as its new chief executive officer, effective Dec. 10.

In addition to this Deshpande has also been appointed to the Groupon board of directors. He succeeds Aaron Cooper who has been the company's interim CEO.

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