(Reuters) - KIT Digital's <KITD.O> Chairman Kaleil Isaza Tuzman resigned, less than a month after four directors of the video management software company left.
Tuzman had taken up the job about a month ago, after he had stepped down as the chief executive of the company.
KIT Digital had announced a management rejig on March 23 that saw the departure of four directors and the appointment of an interim CEO.
KIT Digital shares fell as much as 7 percent after the bell. They had closed at $7.14 on Monday on the Nasdaq.
(Reporting by Chandni Doulatramani in Bangalore; Editing by Sreejiraj Eluvangal)