Macrumors reported that Apple has hired Adobe executive Todd Teresi to head up its iAd mobile advertising unit. Teresi has served as VP of Adobes Media Solutions division for the past nine months, having previously held positions with Quantcast, Yahoo, and PriceWaterhouseCoopers.

The iAd division was led by former Quattro founder and CEO Andy Miller, who then left Apple in September 2011 to take a venture capital position.

Source [Macrumors]