CMP Technology, one of the biggest tech publishers and part of United Business Media, (LSE: UBM) announced that Steve Weitzner, who had been CEO of the division since October 2005, is stepping down from that post. He will now head CMP Technology’s International M&A and business development efforts. UBM CEO David Levin will be assuming the role of chairman for the company until a new CEO is found, reports Minonline.

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On what this change means for CMP (and Weitzner) which just went through a big restructuring and layoffs, Levin told Min: “It’s a transition. It’s a different role. It’s certainly not anything other than a transition. People will gossip and speculate, and the reality will emerge…if they see a flurry of deals internationally, they’ll see what’s really happening.”