Board Updates

RNS Number : 5390K

InterContinental Hotels Group PLC

06 May 2022

 

InterContinental Hotels Group PLC

Board Updates

6 May 2022

InterContinental Hotels Group ("IHG") [LON:IHG, NYSE:IHG (ADRs)] today announces:

-	The retirement of Non-Executive Director Ian Dyson from the IHG Board, effective 28 February 2023.
-	The appointment of Byron Grote as Non-Executive Director, effective 1 July 2022, who will succeed Ian Dyson as Chair of the Audit Committee from 1 March 2023 upon Ian's retirement.

These changes reflect IHG's ongoing commitment to succession planning, bringing together a diverse range of talent, expertise, skills and relevant experience, and facilitate a thorough transition of responsibilities.

Ian Dyson was appointed to the IHG Board as a Non-Executive Director in 2013 and became the Chair of the Audit Committee in 2014. In addition to the Audit Committee, he currently serves on the Nomination and Renumeration Committees.

Patrick Cescau, Non-Executive Chair, IHG, commented: "Ian has been a valuable member of the Board, offering excellent insight and wise counsel over the last nine years. On behalf of the Board, I would like to express our gratitude to Ian for his contribution to IHG and his thoughtful management of the Audit Committee, particularly during a challenging pandemic period."

Byron Grote

Byron has served on a number of Boards and committees as Non-Executive Director including Standard Chartered PLC, Tesco PLC, Akzo Nobel N.V., Anglo American plc and Unilever PLC.

He is currently Audit Committee Chair at Tesco PLC and Akzo Nobel N.V. Byron is a participant in the European Audit Committee Leadership Network and a member of the Regulation Group of the Audit Committee Chairs' Independent Forum. He was previously the Chief Financial Officer at BP p.l.c.

Patrick Cescau, Non-Executive Chair, IHG, commented: "We are delighted that Byron will join IHG's Board. Byron has an outstanding track record of serving a range of leading international businesses, both at Board level and in senior management positions. His extensive experience, particularly in finance and chairing audit committees, will further strengthen IHG's Board."

Byron will serve on the Audit and Remuneration Committees of the IHG Board upon appointment and will assume the role of Chair of the Audit Committee on 1 March 2023.

Pursuant to LR 9.6.13R Byron is a Non-Executive Director at Tesco PLC and Standard Chartered PLC, as well as on the Supervisory Board of Akzo Nobel N.V. He was previously a Non-Executive Director of Anglo American plc until April 2022.

ENDS

For further information, please contact:

Investor Relations	Stuart Ford ([phone])	Joe Simpson ([phone])
Media Relations	Amy Shields ([phone])	Claire Scicluna ([phone])

Biographies

Ian Dyson

Ian joined the IHG Board in 2013 and is Chair of the Audit Committee and member of the Nomination and Remuneration Committees.

Ian is Chair of the Board of ASOS plc. He has held a number of senior executive and finance roles, including Group Finance & Operations Director for Marks & Spencer Group plc for five years from 2005 to 2010, where he oversaw significant changes in the business. In addition, Ian was Chief Executive Officer of Punch Taverns plc, Finance Director for the Rank Group Plc, and Group Financial Controller and Finance Director for the hotels division of Hilton Group plc. Most recently, Ian was a Non-Executive Director of SSP Group plc and Senior Independent Non-Executive Director of Flutter Entertainment plc.

Byron Grote

Byron is currently a Non-Executive Director at Tesco PLC, Standard Chartered PLC, and Akzo Nobel N.V. He is the Senior Independent Director and Audit Committee Chair at Tesco PLC and the Deputy Chairman and Audit Committee Chair at Akzo Nobel N.V. He previously served as the Senior Independent Director and Audit Committee Chair at Anglo American plc, and as a Non-Executive Director and Audit Committee Chair at Unilever PLC and Unilever N.V. His career in the International Oil and Gas Sector at BP p.l.c included management positions in retail marketing, trading, mining, exploration and production, renewables, petrochemicals, and finance. He served as an Executive Director on the Board of BP p.l.c. for thirteen years and was the Chief Financial Officer from 2002 until 2011.

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 around 6,000 open hotels in over 100 countries, and more than 1,800 in the development pipeline.

· Luxury & Lifestyle:   Six Senses Hotels Resorts Spas , Regent Hotels & Resorts , InterContinental Hotels & Resorts , Vignette Collection , Kimpton Hotels & Restaurants , Hotel Indigo

· Premium:   voco hotels , HUALUXE Hotels & Resorts , Crowne Plaza Hotels & Resorts , EVEN Hotels

· Essentials:   Holiday Inn Hotels & Resorts , Holiday Inn Express , avid hotels

· Suites:   Atwell Suites , Staybridge Suites , Holiday Inn Club Vacations , Candlewood Suites  

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.

Visit us online for more about our hotels and reservations and IHG One Rewards . For our latest news, visit our Newsroom and follow us on LinkedIn , Facebook   and  Twitter .

 

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