Todd will join former Chelsea lawyer Mark Taylor at the Club, while only Peter Lorimer remains from the board that was formed under former chairman Gerald Krasner, according to media reports.
Bates took over Leeds last week from Krasner for a figure understood to be close to £10m. A consortium led by Yorkshire businessman Norman Stubbs was also in the frame to take over the debt-ridden club.
Leeds still has £25m of debts hanging over it, and recently deferred a payment to the Revenue and Customs.
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Baldwins Accountancy Group has continued investment in the north-east and appointed David Fish as a director in its corporate finance team
UK M&A activity bounced back strongly in July and August, according to analysis by the deals practice at PwC.
Smith & Williamson has added Jim Clark and Philip Marsden, of Marsden Clark Corporate Finance Limited, to its corporate finance team.