Yahoo just announced the appointment of Ken Goldman to its CFO position. Goldman comes from Fortinet, where he also served as CFO. Before that, he spent six years as SVP of finance and administration and CFO at Siebel Systems until the company was acquired by Oracle.
Goldman has also served as CFO of Excite@Home, Sybase, Cypress Semiconductor and VLSI Technology.
Yahoo CEO Marissa Mayer, to whom Goldman will directly report, said, “Ken is one of the most accomplished and respected financial executives in the technology industry having served as a CFO for more than 25 years, and we’re thrilled to have him join Yahoo!. His track record leading the financial strategy and stewardship of many successful public and private companies makes him an ideal choice for Yahoo! as we enter our next phase of growth.”
“Yahoo! is an iconic brand with an incredibly strong business model and balance sheet,” said Goldman. “I believe there is a lot of runway ahead for this business, and I look forward to working with Marissa and the rest of the executive team as we define Yahoo!’s future.”
Goldman takes the place of Tim Morse, who became CFO in 2009. He’ll be leaving Yahoo later this fall.
“Tim has been a trusted leader for Yahoo! over the past three years and has expertly guided the company through some key periods as well as our most important strategic deals,” Mayer said of Morse. “I’ve personally relied on Tim’s knowledge and leadership in my first few months at Yahoo!. I know I speak for everyone in wishing him the best.”
Very excited to work with Silicon Valley legend Ken Goldman as Yahoo!’s new CFO! http://t.co/Q8vbDuR4