Blake Jorgensen, who had been Yahoos CFO since June 2007, will relinquish his duties as soon as his replacement is found, the company disclosed Thursday.

Yahoos other management changes in the overhaul werent immediately disclosed, but new CEO Carol Bartz promised the new pecking order would speed decision-making in the company and make it easier to fulfill her vision.

“People here have impressed the hell out of me,” Bartz wrote on Yahoos blog. “Theyre smart, dedicated, passionate, driven, and really nice. Theres so much great energy and frankly lots of optimism. But theres also plenty that has bogged this company down. For starters, youd be amazed at how complicated some things are here.”

Bartz began putting her stamp on the Yahoo six weeks after the Sunnyvale-based company hired her to replace co-founder Jerry Yang, who had frustrated many investors and employees with his indecisiveness.

Jorgensen was a close ally with former Yahoo President Susan Decker, who resigned last month after she didnt get the CEO job.

Yahoo shares gained 57 cents, or 4.6 percent, to $13.05 in Thursdays early afternoon trading.

Source