Peter Kafka

Recent Posts by Peter Kafka

Yahoo CFO Blake Jorgensen Out as Bartz Starts Reorg

blake-jorgenson

Time to start “getting our house in order,” Yahoo CEO Carol Bartz declared today.

One of the first steps: Sweeping out CFO Blake Jorgensen.

Here’s the two-sentence update Yahoo filed with the SEC this morning explaining the move:

“On February 26, 2009, Yahoo! Inc. (the “Company”) announced that Blake Jorgensen, Chief Financial Officer of the Company, will be leaving the Company. The Company has initiated a search for a new Chief Financial Officer. Mr. Jorgensen will remain with the Company as its Chief Financial Officer through a transition period.”

Jorgensen, you may recall, was the Yahoo (YHOO) executive who was signaling the company’s interest in a Microsoft (MSFT) search deal just yesterday.


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Moore’s Law means that more and more things can be done practically for free, if only it weren’t for those people who want to be paid. People are the flies in Moore’s Law’s ointment. When machines get incredibly cheap to run, people seem correspondingly expensive.

— From Jaron Lanier’s new book, “Who Owns the Future?” excerpted on Wired.com