Last checked at 21 Oct 2022 07:01
21 October 2022
InterContinental Hotels Group PLC
Paul Edgecliffe-Johnson to step down as Chief Financial Officer and Group Head of Strategy
InterContinental Hotels Group PLC (IHG or the Company) [LON:IHG, NYSE: IHG (ADRs)] announces that Paul Edgecliffe-Johnson will step down from the Board and his role as Chief Financial Officer and Group Head of Strategy to take up a new position outside of IHG.
Paul will leave IHG in six months' time and the Company has begun the process of appointing a successor.
Paul joined IHG in 2004 and held a number of senior roles before being appointed CFO and to the Board and Executive Committee in 2014. He additionally took on the leadership of IHG's strategy function in 2019.
Deanna Oppenheimer, Chair of IHG, commented:
"Paul has established excellent relationships across all our key stakeholders during his nearly 20 years at IHG. I want to thank him for his contribution to the Board and Executive Committee."
Keith Barr, Chief Executive Officer of IHG, commented:
"Paul has played a major role in helping IHG achieve its growth ambitions through expanding our brand portfolio, investing in our enterprise platform and building a strong finance team. Although we are sad to see Paul go, we wish him all the very best for the future."
Paul Edgecliffe-Johnson, Chief Financial Officer and Group Head of Strategy, commented:
"It has been a huge privilege to have spent almost two decades as part of such a dynamic and successful business. I have valued working with talented colleagues and I will be leaving in the knowledge that IHG is well positioned for further success."
Contacts:
Investor Relations: Stuart Ford (+44 (0)7823 828 739); Aleksandar Milenkovic (+44 (0)7469 905 720); Joe Simpson (+44 (0)7976 862 072)
Media Relations: Amy Shields (+44 (0)7881 035 550); Dan Winter (+44 (0)7423 793 352)
About IHG Hotels & Resorts:
IHG Hotels & Resorts [LON:IHG, NYSE:IHG (ADRs)] is a global hospitality company, with a purpose to provide True Hospitality for Good.With a family of 17 hotel brands and IHG One Rewards, one of the world's largest hotel loyalty programmes, IHG has over 6,000 open hotels in over 100 countries, and more than 1,800 in the development pipeline.
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InterContinental Hotels Group PLC is the Group's holding company and is incorporated and registered in England and Wales. Approximately 325,000 people work across IHG's hotels and corporate offices globally.
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