IRVINE, CA—Auction.com has hired TimMorse as CFO and EVP. Morse was formerly CFO and interimCEO of Yahoo! Inc.
Morse will oversee Auction.com's financial operations and growthstrategies from the company's Silicon Valley office. To facilitatea seamless transition, he is working closely with outgoing CFOBruce Felt, who will depart in June.
According to Jeff Frieden, Auction.com's CEOand co-founder, “As we position ourselves for a new phase ofgrowth, Tim's expertise and experience with fast-growing technologycompanies are important additions to the Auction.com managementteam. We will rely heavily on his leadership as we expand ourongoing efforts to transform how real estate is bought andsold.”
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