Real estate listings website Auction.com LLC named Tim Morse as chief executive officer.
Morse joined Auction.com in May 2014 and served as its chief financial officer. He was formerly CFO and interim CEO of Yahoo! Inc. Jeff Frieden, Auction.com’s CEO and co-founder, will remain executive chairman, the Irvine, California-based company said in a statement Tuesday.
Since it began in 2007, closely held Auction.com has sold more than 165,000 residential and commercial properties totaling more than $30 billion, according to the statement.