The company also sought to appease investors on Monday with the appointment of two new non-executive directors: Richard Cousins, a turnround specialist who runs catering group Compass, and Mikael Ohlsson, the former head of Ikea, who will join the board of the grocer in less than four weeks.
Tesco shareholders are meeting with Patrick Cescau, the senior non-executive director, to discuss how much further the board needs to be reshaped.
More from the Financial Times:
Tesco takes soundings over board make-up
Tesco's Neds get nod to kick-start change
Ex-Ikea chief to bring openness to Tesco
Mr Cescau will gather the investors' views and will discuss them with the remainder of the Tesco board in due course, people familiar with the situation said.
Some shareholders expect further board changes. Ken Hanna, chairman of the audit committee, and Jacqueline Tammenoms Bakker both became non-executive directors in 2009, bringing them close to their expected six-year tenure at Tesco.