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YuMe video ad network names new CEO

August 12, 2008 — 2:13pm ET | By Pete Wylie

Tools

YuMe, the largest dedicated video ad network on the Web, announced Michael Mathieu as its new CEO Tuesday. The company had 134 million unique page views in June, and it was recently named the largest video ad focus property by comScore.

Previous CEO Jayant Kadambi will remain on the board of directors and transition to the role of president.

"This is a great opportunity to lead a business like YuMe that has already achieved such rapid growth and is now poised on the cusp of the coming explosion in video consumption and the proliferation of online video ad opportunities," Mathieu said in a prepared statement. "We have an outstanding management team in place and I look forward to working with all of them to drive global growth for the company in the coming years."

Mathieu is a new media veteran who has worked for AT&T, CompuServe, Freedom Communications and United Online Inc.

For more:
-see the YuMe press release here