Chairman to leave RSM Tenon

MORE BOARD MEMBERS at RSM Tenon have announced their departure.

Chairman Adrian Martin and no-executive director Michael Findlay are stepping down from the board.

Martin will leave as soon as a replacement is found. He steps down at what Tenon describes as an “opportune time” having overseen the introduction of new management at the firm.

Findlay will rejoin Bank of America Merrill Lynch in a senior executive role and will step down from the board at the end of May.

“I would like to thank both Adrian and Michael for their contribution to the company, and I wish them well in their future endeavours. The process to appoint new Board members is well underway,” said Chris Merry, RSM Tenon CEO.

The departure of Martin follows CEO Andy Raynor in February, and the appointment of CFO Adrian Gardner in October 2011.

The firm’s share price is 7.95p, up 0.12p on this morning’s trading – valuing the company at £25.64m by market cap.

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