Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Yahoo Adds Morse to Alibaba’s Board to Fill Yang’s Seat

Tim Morse, chief financial officer of Yahoo! Inc.! Photographer: Tony Avelar/Bloomberg
Tim Morse, chief financial officer of Yahoo! Inc.! Photographer: Tony Avelar/Bloomberg

Yahoo! Inc., owner of the most popular U.S. Internet portal, put Chief Financial Officer Tim Morse on the board of Alibaba Group Holding Ltd.

Morse took the position that was vacated by Jerry Yang when he stepped down in January, Dana Lengkeek, a spokeswoman for Yahoo, said today. She declined to specify when Morse occupied the role, and John Spelich, a Hong Kong-based Alibaba spokesman, referred questions to Yahoo.

Yang left Yahoo’s board as well as those of Alibaba and Yahoo Japan Corp. in January amid investor criticism as the U.S. company failed to find a buyer or negotiate a sale of stakes in its Asian assets worth more than $10 billion. Yahoo owns about 40 percent of closely-held Alibaba Group, China’s biggest e-commerce company.

That gives Yahoo two seats on Alibaba’s board, while the company traditionally only fills one, Lengkeek said.

Morse had served as Yahoo’s interim chief executive officer after the September ouster of Carol Bartz, until Scott Thompson was hired for the role in January.

Yahoo is in “discussions regarding the possibility of restructuring our holdings in Alibaba Group and Yahoo Japan,” the U.S. company said in its annual report filed Feb. 29.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.