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Verizon’s media unit Oath, which houses Yahoo and AOL, hired Vanessa Wittman as the company’s new CFO.

Wittman, who previously served as CFO at Dropbox, Motorola, and Marsh & McLennan, will partner directly with Oath CEO Tim Armstrong to accelerate the company’s strategic expansion.

Former Oath CFO Holly Hess is taking on a newly created position at Verizon, where she will head up the company’s previously announced $10 billion cost savings initiative. Hess, who led the Oath team through the close of Verizon’s Yahoo acquisition in June 2017, will report to Verizon CFO Matt Ellis.

“Vanessa is an exceptional leader with singular experience, and she will be a great partner to help drive Oath's vision, strategy, and operations to reach our long term goals,” Armstrong said in a statement. “Vanessa joins Oath at an exciting point in our journey to build a differentiated company creating the future of mobile and the internet in combination with Verizon. I want to thank Holly Hess for being a founding force at Oath, as well as a driver behind the original Verizon and AOL deal. She made significant contributions to Oath and we look forward to continued collaboration with Holly in her new role at Verizon.”

The executive change up at Oath comes as the company shored up a number of live sports streaming deals for its media platforms. In December, Verizon secured a non-exclusive five-year deal with the NFL to stream all national and in-market games, including NFL playoffs and the Super Bowl, across Yahoo, Yahoo Sports, and go90. Earlier this month, Verizon and the NBA signed a two-year pact to make out-of-market games on NBA Pass available on Yahoo Sports and other Verizon platforms to users on any wireless carrier.

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