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It will be headed by Armstrong, who is now apparently Oath-in-Chief.Terms of Mayer’s departure are still being worked through, but her not staying on is not much of a surprise.The company says it believes bank-account information and payment-card data were not affected.Thursday's news that Yahoo suffered a hack of 500 million of its user accounts may have many people taking a new look at how to keep their own email accounts and personal information secure.According to sources, Yahoo CEO Marissa Mayer will not be continuing with the new company that was announced today prematurely in a tweet by AOL CEO Tim Armstrong.The new Verizon-owned entity is called Oath — we’ll get to mocking that name later in the post — and is the combination of AOL and Yahoo.Likely to stay, for example, is communications products head Jeff Bonforte, and likely to go is Adam Cahan, who has run a number of units under Mayer.On the bubble: CRO Lisa Utzschneider (she wants to be a CEO, apparently) and Enrique Muñoz Torres, who heads advertising and search product and engineering.

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