Yahoo names new CFO, fills void left by shake-up

Yahoo Inc has found a replacement for its chief financial officer, who left the struggling Internet company earlier this year in a big management shake-up.

SUNNYVALE, Calif: Yahoo Inc has found a replacement for its chief financial officer, who left the struggling Internet company earlier this year in a big management shake-up.

Yahoo said Thursday it has plucked Tim Morse from chip maker Altera Corp to serve as CFO.

He fills a job vacated by Blake Jorgensen, who left in February as part of an overhaul by Yahoo's new chief executive, Carol Bartz.

Before Altera, Morse served as the CFO for General Electric Co's plastics division.

Jorgensen, who got a $1.8 million severance package from Yahoo, now works as CFO for Levi Strauss & Co.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › Tech › Internet › Yahoo names new CFO, fills void left by shake-up
Text Size:AAA
Success
This article has been saved

*

+