KIT Digital (KITD -25.1%) shares fall the most in three years after the maker of online video...

|About: KIT digital, Inc. (KITD)|By:, SA News Editor

KIT Digital (KITD -25.1%) shares fall the most in three years after the maker of online video software accepts the resignations of four board members. KITD's CEO will transition to board chairman and its chief administrative officer will become acting CEO while a search is conducted for a full-time, permanent CEO.