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.
Vodpod videos no longer available.