Mobile ad network Verve Wireless has named Tom MacIsaac as its new CEO. He replaces Art Howe, the company's co-founder and former chief executive, who will continue at Verve as chairman of the board.
MacIsaac, who will be based in Verve's Washington, D.C. office, was most recently CEO of digital media company ExtendMedia, and was previously chief executive of video ad platform Lightningcast. That
company was acquired by AOL in 2006.
In his new post, MacIsaac is charged with expanding Verve's local mobile monetization platform and display ad network. More than 1,000 local publishers
including newspapers such as the Chicago Sun-Times and The San Diego Union-Tribune use Verve's technology to power their mobile ad operations. Last fall, the company announced a $7 million
second-round financing led by BlueRun Ventures. Read more here.