Yahoo! has said its Chief Financial Officer (CFO) Blake Jorgensen will be quitting the company, amid reports that the internet major will soon be revamping its corporate structure.

In a regulatory filing with the US Securities and Exchange Commission on Thursday, Yahoo! said Jorgensen would be leaving the firm and added that the search has started for a new CFO.

The development comes amid reports suggesting that the newly appointed Yahoo! chief Carol Bartz would soon be announcing a corporate reorganisation of the company.

Bartz took over the reins of the internet major in January.

On the other hand, Yahoo! India's CEO for Research & Development (R&D) Sharad Sharma has decided to quit the company.

Sharma would be replaced by Shoubick Mukherjee as the new R&D head.

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