Marissa Mayer is resigning from Yahoo's board (YHOO)

Yahoo CEO Marissa Mayer will resign from the company's board of directors after its planned $4.8 billion merger with Verizon is completed, Yahoo announced in a filing with the SEC on Monday.
Mayer, along with Yahoo cofounder David Filo and four other members of the board will step down after the deal closes, Yahoo said.
Verizon is acquiring Yahoo's operating business under the proposed transaction, while Yahoo's remaining business, which consists primarily of its stake in Chinese ecommerce