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Activist investors pressed the company to abandon the spin-off plans and instead sell its core internet business, and Yahoo’s board eventually decided to just that before the end of the year.

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And Mayer envisions a place for herself at Yahoo, helping expand the mobile reach of its properties through Verizon's network of 112.6 million subscribers."I plan to stay.

I love Yahoo and am excited to see it into its next chapter," Mayer said during a conference call Monday.

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Yahoo has been under pressure from investors over its failed turnaround and costly media investments for months.Pressure intensified late last year when it became clear that plans to spin off the company’s Alibaba assets may incur a huge tax penalty.

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