Yahoo hires CFO from Altera: Reuters

Reuters:

SAN FRANCISCO (Reuters) – Yahoo Inc on Thursday named Altera Corp’s chief financial officer as its finance chief, the latest move by the Internet company to rebuild itself in the image of its new chief executive.

Tim Morse — who also worked at General Electric Co for 15 years — will succeed Blake Jorgensen as CFO, reporting to CEO Carol Bartz, who has been reshuffling management and streamlining operations since she took over the helm of the company in January.

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