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Yahoo Names New CFO


Yahoo named Blake Jorgensen as their new Chief Financial Officer today. Jorgensen was previously co-founder, COO and co-director of investment banking of Thomas Weisel Partners. He’ll start in three weeks.

He takes over for Susan “It’s not our goal to be No. 1 in Internet search” Decker, the former CFO who was named head of Yahoo’s new advertiser and publisher group in December.

In the press release, CEO Terry Semel said:

Blake’s arrival will enable Sue to devote her full attention to her new responsibilities where she is building on the recent momentum we’ve achieved with Panama, major new partnerships and our agreement to acquire Right Media. With Blake’s appointment, we’re continuing to put the right people in the right places to execute against our strategy and adding outside talent to complement an already strong management team.

How do you think the Harvard MBA will affect Yahoo’s direction?

Via

  • http://www.repeaterstore.com/news/ Sina K

    I don’t know much about Blake Jorgensen, but I think what Yahoo management needs are people who understand web companies the way Google does.

    Simplicity and streamlining of products should be at the top of Yahoo’s list of priorities. The recent decisions to close Yahoo Photos and Auctions are definitely a move in the right direction. Firing Terry Semel should be the next step.