Yahoo’s Good-Bye Gift To Exec Jorgensen: $1.8 Million

Blake Jorgensen was the CFO at Yahoo (NSDQ: YHOO) during two of its most tumultuous years; now we some know some of the financial details of his exit. The company said in an SEC filing that it would give Jorgensen a $1.8 million severance payment when he leaves the company likely at the end of June. Yahoo announced Jorgensen was leaving in February, as part of a management reorganization instituted by new CEO Carol Bartz. During the company’s most recent earnings call, Bartz said Yahoo was still searching for a replacement. The value of Jorgensen’s total compensation package last year, including stock awards and options, was $2.9 million.

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