Yahoo CFO Blake Jorgensen Out as Bartz Starts Reorg
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.