Directorate Change
InterContinental Hotels Group PLC
14 December 2004
14 December 2004
INTERCONTINENTAL HOTELS GROUP
Appointment of New Chief Executive
The Board of InterContinental Hotels Group PLC (IHG) today announces the
appointment of Andrew Cosslett as Chief Executive. Andrew will take up his post
no later than mid March 2005.
Andrew, 49, joins from Cadbury Schweppes, where he has been President, Europe,
Middle East and Africa for the past two years. He has held various other senior
positions with Cadbury Schweppes since 1990, including Managing Director, Great
Britain and Ireland and CEO of the Asia Pacific confectionery business. Andrew
previously worked in brand marketing at Unilever PLC between 1979 and 1990.
David Webster, Chairman of IHG, said:
"I am delighted that Andrew is to join the company as Chief Executive. He
brings great expertise in global brand management and a wealth of international
experience at a time when the company is concentrating on developing its
world-leading brands and growing its managed and franchised operations."
Andrew Cosslett commented:
"InterContinental Hotels Group is a significant global business, with respected
brands and outstanding prospects. I look forward to joining my new colleagues
and creating with them an exciting future for this dynamic company."
- Ends -
For further information, please contact:
Investor Relations (Gavin Flynn): +44 (0) 1753 410 176
+44 (0) 7808 098 972
Media Affairs (Dee Cayhill/Leslie McGibbon): +44 (0) 1753 410 426
+44 (0) 7808 094 471
Notes to Editors:
1. Biography of Andrew Cosslett
Andrew Cosslett is President, Europe, Middle East and Africa for Cadbury
Schweppes PLC, a region accounting for some 30% of the Group's sales and 40% of
its assets. He has been with Cadbury Schweppes PLC for 14 years, occupying a
variety of senior roles including Chairman Cadbury Schweppes Australia, CEO of
the Asia Pacific confectionery business and Managing Director, Great Britain &
Ireland. He joined the company in 1990 as Marketing Director, Schweppes GB.
He was with Unilever PLC between 1979 and 1990 and held a variety of marketing
roles on the foods side.
He has a BA in Economics, and an MA in European Studies from the University of
Manchester. He is a non-Executive Director of Duchy Originals Ltd.
2. InterContinental Hotels Group PLC
InterContinental Hotels Group PLC of the United Kingdom (LON:IHG, NYSE:IHG
(ADRs)) is the world's most global hotel company and the largest by number of
rooms. InterContinental Hotels Group franchises, manages, leases or owns,
through various subsidiaries, more than 3,500 hotels and 536,000 guest rooms in
nearly 100 countries and territories around the world. The Group owns a
portfolio of well recognised and respected hotel brands including
InterContinental(R) Hotels & Resorts, Crowne Plaza(R) Hotels & Resorts, Holiday
Inn(R) Hotels and Resorts, Holiday Inn Express(R), Staybridge Suites(R),
Candlewood Suites(R) and Hotel IndigoTM, and also manages the world's largest
hotel loyalty program, Priority Club(R) Rewards, with more than 23 million
members worldwide. In addition to this, InterContinental Hotels Group has a
controlling interest in Britvic, the second largest soft drinks manufacturer in
the UK.
For the latest news from InterContinental Hotels Group, visit our online Press
Office at www.ihgplc.com/media
High resolution images of Andrew Cosslett to accompany this story are available
for the media to download free of charge at www.vismedia-online.com
This information is provided by RNS
The company news service from the London Stock Exchange