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Yahoo Appoints Cost-Cutter Tim Morse as CFO

Yahoo Appoints Cost-Cutter Tim Morse as CFO

Internet giant Yahoo has ended its three-and-a-half month search to find a replacement for CFO Blake Jorgensen: the company has appointed Altera’s Tim Morse as chief financial officer. Morse will start on June 17 and take over full CFO responsibilities on July 1.

"Tim has a proven ability to translate strategy into structure, process, and execution, and I am delighted that he will be joining my leadership team to help drive Yahoo’s growth," said Yahoo CEO Carol Bartz, in a statement. "With his passion for operational finance, global experience, and expertise simplifying complex organizations and managing growth, Tim is a natural fit for Yahoo."

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