RSM Tenon chairman Adrian
Martin will step down from the board as soon as a suitable
successor is found.
Michael Findlay will also step down at the end of May to rejoin
Bank of America Merrill Lynch in a senior executive role.
RSM Tenon chief executive
Chris Merry said the process to appoint new board members is “well
The firm has undergone a
troubled period and at the end of February announced plans to cut
10% of staff and merge offices to help it recover from a 9.3% drop
in revenues to £107.8m in the six months to 31 December 2011.
In February, Chris Merry was
appointed chief executive after his predecessor Andy Raynor and
chairman Bob Morton resigned in January following a 10% slump in
revenues in the past six months of 2011.