Yahoo Inc said Chief Executive Officer Marissa Mayer would step down from the board after the closing of its deal with Verizon Communications Inc.
Five other directors would also resign after the deal closes, Yahoo said in an filing on Monday.
Marissa Mayer to resign from Yahoo board after Verizon deal closes
Ya. Remember back in 2008 when Yahoo turned down a $44.3 billion offer from Microsoft? Good times.
I wonder what will happen to Flickr… Sigh.
saved MS from a very bad deal! of course that did not stop MS from making other bad deals. Often shareholders are retarded.
You cant spend all that severance pay if you have an inconvenient job preventing you from doing he things you enjoy.
I closed my Flickr account because of this. Moved to Amazon Prime Photos because iCloud is too expensive for my photo collection.
How long had you had a flickr account? How much work did you have up there? Were you Pro? I’ve had a Pro account since 2004 so moving isn’t trivial for me although it may be moot if they die.
Perhaps she’ll consider running for public office on the Republican ticket.
Altaba sounds like a new sedative. Take two and you won’t care if your company is in the toilet.
another failure tech CEO who despite this will have a golden parachute worth more money than most families will earn in centuries of work. yeah, that’s fair. no insane wealth disparity here.