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Yahoo to Get New CFO Reportedly for Shopping Spree

Ken Goldman, the CFO of Fortinet, will replace Tim Morse

Yahoo Tuesday said Ken Goldman, the CFO of Fortinet, will replace Tim Morse as CFO when Morse leaves the company in the next little while.

Morse was briefly interim CEO before Yahoo hired short-lived Scott Thompson from PayPal for the job.

Before Fortinet Goldman was CFO at Siebel. That was before Oracle acquired it.

The New York Times suggests that trading Morse for Goldman means that Yahoo's new CEO Marissa Mayer wants to go shopping looking for "acqui-hires," in other words talent rather than technology. Morse was more of a cost-cutter and margin-watcher.

The company now has $625 million from its Alibaba sale to play with.

More Stories By Maureen O'Gara

Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

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