Last checked at 26 Nov 2015 09:15
To: Business Editor For immediate release
JAMES RILEY TO SUCCEED EDOUARD ETTEDGUI AS GROUP CHIEF EXECUTIVE
26th November 2015 - Mandarin Oriental International Limited today announced that Edouard Ettedgui is to step down as Group Chief Executive on 31st March 2016. He will be succeeded by James Riley.
James Riley is currently the group finance director of Jardine Matheson Holdings Limited. He joined the Jardine Matheson Group in 1993 from Kleinwort Benson, and has held a number of senior finance and commercial roles within the group prior to taking his current position in 2005. He has served on the board of Mandarin Oriental's management company for the past ten years and has an extensive knowledge of the Group's operations.
Commenting on the change Chairman of Mandarin Oriental, Ben Keswick, said, "Edouard has led Mandarin Oriental Hotel Group since 1998, and has been instrumental in the Group becoming recognized by many as the best global luxury hotel group. It is an outstanding achievement, for which we are extremely grateful. I am very pleased that we will continue to benefit from his knowledge and experience as he will remain as a non-executive Director."
"I would also like to wish James every success in continuing Edouard's fine work of building the Group's portfolio and reputation," he added.
Mandarin Oriental Hotel Group is the award-winning owner and operator of some of the most luxurious hotels, resorts and residences. Having grown from a well-respected Asian hotel company into a global brand, the Group now operates, or has under development, 46 hotels representing more than 11,000 rooms in 25 countries, with 21 hotels in Asia, nine in The Americas and 16 in Europe, Middle East and North Africa. In addition, the Group operates or has under development, 16 Residences at Mandarin Oriental connected to its properties. Mandarin Oriental International Limited is incorporated in Bermuda and has a standard listing on the London Stock Exchange as its primary listing, with secondary listings in Bermuda and Singapore. It is a member of the Jardine Matheson Group.
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For further information, please contact:
Mandarin Oriental Hotel Group International Limited
Jill Kluge (44) 207 908 7810
Sally de Souza (852) 2895 9167
Brunswick Group Limited
Joanna Donne (852) 3512 5070
This and other Group announcements can be accessed through the internet at 'www.mandarinoriental.com'.