Yahoo has announced the hiring of Tim Morse as Chief Financial Officer. He'll report directly to CEO Carol Bartz. Morse most recently was CFO at Altera, and before that served as CFO for General Electric Plastics.
According to Yahoo's SEC filing, Morse gets a base salary of $500,000, a signing bonus of $500,000, and has a "target bonus" of another $500,000.
Morse will officially join Yahoo on June 17, and take over the CFO position on July 1.
Related Topics: Channel: Industry | Yahoo: Employees