Oath, the combined  Yahoo! (YHOO)  and AOL  (AOL) creation of owner Verizon Communications (VZ - Get Report) , plans to announce its leadership team tomorrow and it will not include Yahoo! CEO Marissa Mayer, USA Today reports.

Mayer will leave the company in June when Verizon officially closes its $4.48 billion takeover of Yahoo!.

Mayer was expected to leave Yahoo! after Verizon finalized the deal, but it wasn't clear if she'd land with new owner.

(What will move markets this quarter and how should investors position themselves ahead of time? Jim Cramer sat down with four of TheStreet's top columnists recently to get their views. Click here to listen to his latest Trading Strategies roundtable with them and read their advice for stocks, bonds, forex and gold.)