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Marissa Mayer To Resign From Yahoo Board as Remaining Company Renames Itself Altaba

posted by on Wednesday January 11 2017, @06:36AM   Printer-friendly
from the more-golden-parachutes dept.

Phoenix666 and takyon write:

Despite hiccups, Yahoo's planned sale to Verizon appears to be moving forward — but some portions of the company will be left behind and renamed Altaba Inc.

Yahoo is hanging on to its 15 percent stake in Alibaba and its 35.5 percent stake in Yahoo Japan, and those assets will survive as an investment company under the new name Altaba Inc., as the rest of Yahoo integrates with Verizon. The assets had previously been nicknamed Remain Co.

Only five board members will remain at Altaba: Tor Braham, Eric Brandt, Catherine Friedman, Thomas McInerney and Jeffrey Smith. The rest of Yahoo's board, including CEO Marissa Mayer, will step down from the newly formed company. Mayer may be tapped for a role in Yahoo's integration at Verizon, but her position has yet to be announced.

Also at CNET, Reuters, Bloomberg, and CNN.

Original Submission #1   Original Submission #2

 
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  • (Score: -1, Troll) by Anonymous Coward on Wednesday January 11 2017, @07:42AM

    by Anonymous Coward on Wednesday January 11 2017, @07:42AM (#452396)

    There's a photo on her CV, this is a fact.

    She holds a master's degree in computer science, yet under languages she lists: English, Spanish, German.

    "Female employee #1" so she blatantly sexist.

    "Proud Geek" should read "FAKE geek"

    Her CV reads like a dating profile. Would not date.

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  • (Score: 0) by Anonymous Coward on Wednesday January 11 2017, @07:54AM

    by Anonymous Coward on Wednesday January 11 2017, @07:54AM (#452406)

    In the social media era, CV and dating profile are the same thing. People don't have private lives anymore, and are married to their work.

  • (Score: 0) by Anonymous Coward on Wednesday January 11 2017, @02:24PM

    by Anonymous Coward on Wednesday January 11 2017, @02:24PM (#452499)

    Some of us, in addition to learning a few computer languages, like to learn a few human languages too.

    I don't have anything to add as to whether this person can program her way out of a paper bag or not.