Yahoo was officially acquired by Verizon Tuesday, ending an era for the one-time dot com wunderkind, NBC News reported.
And its CEO, Marissa Mayer, who has been one of the most high-profile female executives in Silicon Valley, wrote on her Tumblr that she'll be leaving the company.
"While reaching this moment has certainly been a long road traveled, it marks the end of an era for Yahoo, as well as the beginning of a new chapter — it's an emotional time for all of us," she said. "Given the inherent changes to my role, I'll be leaving the company."
An earlier company filing in the $4.48 billion deal revealed Mayer is receiving a $23 million golden parachute.