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Yahoo dumps CFO Tim Morse

Yahoo has named Ken Goldman as its new chief financial officer. He will join the Internet company on 22 October and replace Tim Morse, who will leave Yahoo later this fall.

Goldman previously served as CFO of security firm Fortinet, and has also held positions at Siebel Systems, Excite@Home, and Sybase. He will report directly to new CEO Marissa Mayer.

"Ken is one of the most accomplished and respected financial executives in the technology industry having served as a CFO for more than 25 years, and we're thrilled to have him join Yahoo," Mayer said in a statement. "His track record leading the financial strategy and stewardship of many successful public and private companies makes him an ideal choice for Yahoo as we enter our next phase of growth."

Morse, meanwhile, served as interim CEO of Yahoo after Carol Bartz was unceremoniously fired last year. As All Things D noted, the move was not really unexpected, with sources suggesting that Mayer wants to clean house.

The news comes as Mayer unveiled her plan for Yahoo, according to a separate ATD post. But the blog said Mayer has a big picture approach, with an eye on expanding Yahoo's user base, advertisers, and staff via personalisation.