There is no special hook to author change.
But you can achieve it by using post_updated
hook.
Example:
add_action('post_updated', 'prefix_on_update_author', 10, 3);
function prefix_on_update_author($post_ID, $post_after, $post_before)
{
if ($post_after->post_author != $post_before->post_author) {
// author has been changed
// you can add your own hook here or write your code
}
}
Here is the codex reference.