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Yahoo's CFO will get $1.8 million to go away

Take the money and run
By Nick Farrell
Tue May 26 2009, 12:07

SEARCH ENGINE outfit Yahoo is going to pay its chief financial officer $1.8 million when he leaves the struggling Internet portal company.

According to the AP, Blake Jorgensen also will get up to 12 months of company-paid medical insurance after he steps aside as Yahoo's chief financial officer.

The severance payment more than triples Jorgensen's $500,000 salary and we guess given the state of the company at the moment paying his severance will be worth every penny. µ

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