QuinStreet (NASDAQ:QNST) has undergone a shuffle in its executive suite. One of the more significant results is that the firm has a new CFO and senior vice president, Gregory Wong. The appointment is effective immediately.

Wong, a veteran of the company, who was promoted from chief accounting officer, takes the position from Kenneth Hahn, who will continue to serve as the firm's chief operating officer. Hahn has also been named executive vice president, replacing Scott Mackley in that position. That appointment is effective October 1, the date on which Mackley will depart the company.

In his new job, Wong is to be paid an annual salary of $275,000, according to an SEC filing from the company. He will also be eligible for a bonus of up to $100,000, and may participate in QuinStreet's stock option plan.

Fool contributor Eric Volkman has no position in QuinStreet. Nor does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.