David Kaplan
paidContent.org
Wednesday, September 3, 2008 12:07 AM

NebuAds, its business model in shambles following Congressional scrutiny of its deals with ISP broadband providers like Charter Communications ( NSDQ: CHTR), has lost its CEO, Bob Dykes, to payment services company VeriFone. Dykes begins the new job effective immediately. Since Dykes was at the helm of NebuAd, San Jose, CA.-based VeriFone's release can easily skip over his tenure there and focus on his two-year stint as EVP, Business Operations and CFO of Juniper Networks and prior executive roles at Flextronics International and Symantec.

-- GigaOm: Since cable companies have been running away from NebuAd this summer when the Congressional hearings began, the company says it plans to pursure "more conventional media channels and means." In the meantime, NebuAd's current president, Kira Makagon, who has been overseeing its ad systems and media revenue, has been tapped to succeed Dykes as CEO.

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