Yahoo! CEO Mayer Not Joining New Leadership Team Under Verizon

Oath, the combined  Yahoo! ( YHOO)  and AOL  ( AOL) creation of owner Verizon Communications (VZ) , 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.)


If you liked this article you might like

Twitter Is Too Valuable to Not Be Acquired by Disney

Cramer: I Want to See Lower Prices From the 5% Dividend Yield Gang

Here's Who Killed It in October Dealmaking Advice

Media Consolidation Could be on Menu as Moguls Descend on Sun Valley for Allen Conference