Direct Line Blog

Breaking: Yahoo's Bartz to restructure; CFO leaving company

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MarketWatch is reporting that Yahoo CFO, Blake Jorgensen is leaving his post. It's still not established if this is a resignation or a firing. Yahoo filed the news with the Securities and Exchange Commission and is currently looking for a replacement for Jorgensen, according to the report. He will stay with the company until that replacement is found.

Just yesterday Jorgensen made an announcement at an investor conference that Yahoo "isn't opposed" to a search deal with the likes of Microsoft.

Bartz also announced today in a blog post that she's rolling out a new management structure. This seems to be her first major piece of house cleaning. She didn't name names, but did mention that Yahoo would be creating a Customer Advocacy group to better listen to and support its customers.
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