Dive Summary:
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Former Wal-Mart executive Sri Subramaniam has resigned his leadership position with the company to join deal-of-the-day website Groupon.
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In addition, Groupon announced it has appointed former Orbitz executive Tamer Tamar to SVP of international operations, joining Groupon’s senior leadership team.
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Prior to joining Groupon, Subramaniam served as e-commerce research executive for Wal-Mart’s @WalmartLabs division.
Dive Insight:
During his executive stint with @WalmartLabs, Subramaniam helped oversee the creative development of an e-commerce search tool for Wal-Mart’s online storefront, Walmart.com – a leadership role Subramaniam began in 2011. Groupon is currently in the midst of a strategic expansion after reporting $454.7 million in sales for 2012, thanks to the recently unveiled Groupon Goods division. Initially a strict flash-sale merchant, the company has ventured into the physical merchandise market with Groupon Goods, launching its first shipping fulfillment center dedicated to the service in November 2013.
