Himanshu Raja was CFO at Countrywide four years but has left following its acquisition by Connells.

Chapman is one of Countrywide's most senior managers and is the third top chief to leave the company within a week.

Both Peter Long and Paul Creffield are to step down as a heavy price for its effort to reduce the firm's heavy indebtedness.

Industry veteran and Sotheby's Realty UK owner says unless Countrywide takes his suggestions on board, he will entertain 'other options' to turn the company around.

Following news yesterday that the industry giant is casting around for a new CEO, what kind of person would take on such a challenging role.

Exec chairman Peter Long will soon make way for a CEO once head hunters have secured a suitable candidate, it has been reported.

Company says its soon-to-be former commercial arm is consuming too much management time as it tries to turnaround its core residential business.

Bruce Marsh was until last week part of the team that helped Tesco boss Dave Lewis turn the once ailing retailer around.