Findus Group CFO Stephen Leadbeater is to leave the business, just one month after Findus announced the departure of CEO Chris Britton.

Leadbeater - who has been with Findus for 10 years - is likely to leave the company in the first half of next year, according to the company.

Leadbeater had helped transform the seafood and frozen foods giant into a “modern day business fit for purpose in today’s competitive marketplace,” Findus said in a statement.

Following the recent Findus Group restructure, the company had firm financial foundations and it was therefore the right time to hand over the business, said Leadbeater. “I have enjoyed the past 10 years - it has been challenging at times, but I have had the pleasure of working with some exceptional people in a business with leading brands.”

Leadbeater had done an excellent job as group CFO, particularly recently when the business had been under some stress, said Findus chairman Dale Morrison. “We are sad that he has chosen to step down, but respect this decision and thank him for his constant diligence, commitment, pragmatism and wise counsel.”

The search for a replacement CFO will start now.

A replacement for Britton, who leaves at the end of the year has not yet been announced.