Back in February, news emerged regarding Verizon’s discounted buyout of Yahoo. With Yahoo‘s move to Oath on the horizon, a massive switch-up is already underway. As Recode reports, Yahoo’s current CEO Marissa Mayer will exit the company once the Oath rebirth is finalized. Current AOL CEO Tim Armstrong — who previously revealed Yahoo’s new name — is said to take over as the new CEO of the Verizon-led Oath, which Armstrong himself once labeled as “one of the most disruptive brand companies in digital.” Along with Mayer’s departure, expect to see individuals such as Adam Cahan and Ken Goldman to exit the company in the very near future.
You can check out the entire Recode report here, and expect to hear much more about Oath in the coming months.
- Associated Press
Join Our Discussions on Discord
The HYPEBEAST Discord Server is a community where conversations on cultural topics can be taken further.