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Yahoo’s Mayer Hires Goldman to Replace Tim Morse as CFO

Yahoo! Inc. hired Ken Goldman, a technology-industry veteran with three decades of experience in software and Internet companies, to succeed Tim Morse as chief financial officer, the biggest management switch yet by Chief Executive Officer Marissa Mayer.

Goldman, previously CFO at network-security provider Fortinet Inc., joins as of Oct. 22, Sunnyvale, California-based Yahoo said in a statement yesterday. Morse, who joined in 2009, will leave later this year, Yahoo said.