Yahoo just made it official; CFO Blake Jorgensen will resign from the company effective June 30.
Along with his walking papers, Blake gets a nice $1.8 million check in a lump sum severance payment.
That is, so long as he doesn’t remains in “compliance with certain confidentiality, proprietary information and other covenants,” according to Yahoo’s filing.
Blake became Yahoo CFO when former President Sue Decker was promoted out of the position in 2007.
Assuming he’s not bound by an onerous non-compete, one possible destination for Blake could be Facebook, which is looking for a CFO with public company experience.
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