Kenny Cameron has stepped down as Inverness chairman in the wake of their relegation.

Caley Thistle announced Cameron had "retired" after an eventful reign which saw the club win the Scottish Cup, lose a League Cup final, secure three top-six finishes, play in Europe and ultimately crash out of the Ladbrokes Premiership.

In a statement, Cameron said: "It is time for me to step down and leave others to take the club forward.

"When my appointment as chairman was announced in September 2011 it was described as 'a short-term arrangement'. This 'short-term' arrangement has lasted almost six years and due to financial restrictions I also found myself taking on the role of chief executive, as the funds were not available to fill the post."

"It has been my privilege to support the club in a variety of roles as we continued our eventful journey. We have experienced periods of exceptional success over the years and for a club, still in its infancy, to achieve what we have on limited resources makes that success all the more remarkable."

Cameron added: "I urge the public of Inverness to strengthen their support for the club. It is never an easy task to remain competitive and successful on limited funding whilst remaining debt free, and it is always a difficult pathway to navigate."

The news came after the club asked fans to be patient as they discussed their next steps after Inverness finished the campaign a point behind second-bottom Hamilton.

Manager Richie Foran revealed on Saturday that he expected talks with the board early this week.

Foran said after Saturday's 3-2 win over Motherwell: ''I was a big part of the problem in getting us relegated but I want to be part of the solution.

''I'm looking forward to getting rid of a few bad apples, who I should have got rid of in January. That was a mistake. I've learned a heck of a lot this season.''

The Irishman was appointed on a four-year deal last summer when John Hughes left after a major disagreement with Cameron.