Yahoo CEO Marissa Mayer to resign from board after sale to Verizon, Yahoo says; company to change its name to Altaba
Yahoo CEO Marissa Mayer, co-founder David Filo and others plan to resign from the company's board when it completes its $4.8 billion sale to Verizon, the company said in a regulatory filing on Monday. The filing also indicated the company will change its name to Altaba following the sale. Ref. USAToday.