Yahoo! added another key leader to its executive team, announcing today that Ken Goldman will join the company as chief financial officer (CFO), effective October 22. Ken will be responsible for Yahoo!’s global finance functions including financial planning and analysis, controllership, tax, treasury, and investor relations. Goldman will report directly to Yahoo! 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!,” said Mayer. “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.”
“Yahoo! is an iconic brand with an incredibly strong business model and balance sheet,” said Goldman. “I believe there is a lot of runway ahead for this business, and I look forward to working with Marissa and the rest of the executive team as we define Yahoo!’s future.”
Ken succeeds Yahoo! CFO Tim Morse, who has been with the company since June, 2009. Morse will be leaving the company later this fall.
“Tim has been a trusted leader for Yahoo! over the past three years and has expertly guided the company through some key periods as well as our most important strategic deals,” added Mayer. “I’ve personally relied on Tim’s knowledge and leadership in my first few months at Yahoo!. I know I speak for everyone in wishing him the best.”
More information about the announcement can be found here.