Apple’s iAds division, currently overseen by Eddie Cue, will soon be run by a former Adobe executive Todd Teresi, according to an upcoming report by Bloomberg (via BI).

Andy Miller, the previous head of the iAds division, left to a VC position in August. Apple snatched mobile advertising firm Quattro Wireless in early 2010 for $275 million, the company Miller cofounded in 2006.

Teresi is a veteran of Quantcast, Yahoo, and PWC. Check out a (Flash, obviously) video below of Teresi discussing the online ads business while he was at Adobe.

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