Editor Desk
Jul 25, 20161 min
Now that we have a buyer for Yahoo — Verizon — you may wonder what's next for Yahoo CEO Marissa Mayer.The answer? Continue on as Yahoo CEO to help with the transition, helping join Yahoo with AOL as a mobile and online brand under the telecommunications giant's umbrella.And Mayer envisions a place for herself at Yahoo, helping expand the mobile reach of its properties through Verizon's network of 112.6 million subscribers. Verizon plans to keep the Yahoo brand and the company's headquarters inSunnyvale, Calif., will remain its hub, said AOL CEO Tim Armstrong, who is overseeing the transitioning of Yahoo into the Verizon fold. Verizon acquired AOL in May 2015 for $4.4 billion. "We are going to run it as a house of brands," Armstrong said. "We love the Yahoo brand."
Read more on the story here