Apple hires Adobe Exec to head iAds division

Apple has hired Adobe executive Todd Teresi to run its iAds division, according to a recent tweet from Adam Satariano of Bloomberg. Since the departure of Apple’s VP of Mobile Advertising, Andy Miller, last summer, iAds was being overseen by Eddie Cue while the company searched for a replacement. Todd Teresi’s LinkedIn profile identifies him as VP and General Manager of Media Solutions for Adobe Systems, a position that he has held since May 2011. Prior to joining Adobe, Teresi also previously served as Chief Revenue Officer for Quantcast and Senior Vice President at Yahoo prior to that. [via Business Insider]

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