McInerney, 52, has been a Yahoo board member since April 2012 and previously served as chief financial officer of IAC/InterActiveCorp. “Today’s filing represents an important step forward in the process of completing our transaction with Verizon,” Yahoo said in a statement. “For me personally, I’m planning to stay,” Mayer said in an online post last year after the takeover deal was announced. Yahoo announced in September that hackers in 2014 stole personal data from more than 500 million of its user accounts. And in December it admitted to another cyber attack from 2013 affecting more than a billion users.

Source: Manila Times March 14, 2017 01:30 UTC