Weitzner, who has been with CMP since 1984 and was named CEO in September 2005, will lead the company’s international business development. A search for his replacement is under way, and internal candidates will be considered, said David Levin, CEO of London-based United Business Media, CMP’s parent company. Levin added that in the interim he will serve as executive chairman of CMP.
“The business mix has shifted, and we need to think about the shape and configuration of management to take [the company] into the next phase,” Levin said. “CMP has been through massive change this year, and our results are improving.”
Levin added: “Steve has made some good and strong changes, and he can still do a lot for us.”
During Weitzner’s tenure as CEO, CMP was an active buyer of both niche Web sites and trade shows. He also shuttered several print publications, including Network Computing, Optimize and SysAdmin, and cut the circulation of EE Times to 100,000 from 150,000.