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Will Marvell Technology (MRVL) Stock Be Helped by Management Change?

NEW YORK (TheStreet) -- Marvell Technology's (MRVL) CTO Zining Wu is resigning from his position, according to an SEC filing late yesterday.

The change will go into effect September 9, but Wu will remain at the Bermuda-based semiconductor company in a consulting capacity during a transitionary period.

A successor was not announced.

Earlier this month, the company hired Jean Hu as CFO, replacing interim executive David Eichler.

Additionally, Citi said in a note this morning that the company provides as "interesting acquisition target" if new management is able...