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KIT Digital's (KITD -7.1%) management shakeup continues, and the Street isn't liking the latest...

KIT Digital's (KITD -7.1%) management shakeup continues, and the Street isn't liking the latest changes. COO Alex Blum has stepped down, and is now working as an advisor to the company. In tandem with Blum's resignation, KIT is creating a CTO position, and is appointing Mark Christie, the co-founder of an IP video services company KIT acquired in 2011, to the job. Blum's resignation may relate to KIT's plans to move its HQ to New York from Prague. (PR)
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