Yahoo to be renamed as Altaba, Marissa Mayer to resign from Yahoo board

Jul 07, 2008 - Mountainview, California, USA - MARISSA MAYER, VP of Search and User Experiences, Google is photographed on the Google campus in Mountainview, CA on July 7, 2008. From the high-tech scene, there has risen a new crop of accomplished female C

Yahoo has announced that its CEO Marissa Mayer will resign from the board once it completes the deal with Verizon. In addition, Yahoo will also be renamed as Altaba Inc, the company said in a regulatory filing. Yahoo has a deal to sell its core internet business, which includes its digital advertising, email and media assets, to Verizon for $4.83 billion.

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