SECURITIES
AND EXCHANGE COMMISSION
Washington
DC 20549
FORM 6-K
REPORT
OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 AND 15d-16
OF
THE
SECURITIES EXCHANGE ACT OF 1934
For 05
May 2017
InterContinental Hotels Group PLC
(Registrant's
name)
Broadwater
Park, Denham, Buckinghamshire, UB9 5HJ, United Kingdom
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.
Form
20-F
Form 40-F
Indicate
by check mark whether the registrant by furnishing the information
contained in this form is also thereby furnishing the information
to the Commission pursuant to Rule 12g3-2(b) under the Securities
Exchange Act of 1934.
Yes
No
If
"Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): Not
applicable
EXHIBIT
INDEX
99.1
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Directorate
Change dated 05 05 2017
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Exhibit
No: 99.1
5th
May 2017
IHG CEO SUCCESSION
Richard Solomons, Group Chief Executive Officer to Retire and to be
Succeeded by Keith Barr, Chief Commercial Officer
InterContinental Hotels Group ("IHG") [LON:IHG, NYSE:IHG (ADRs)]
today announces that Richard Solomons has decided to retire from
IHG and his role as Chief Executive Officer (CEO). Richard
will step down as CEO on 30 June and retire from IHG on 30
August. He will be succeeded by Keith Barr, a member of IHG's
Executive Committee who has spent nearly 17 years with IHG, most
recently as Chief Commercial Officer (CCO). Keith will take
up his new position and become a member of IHG's Board on
1st
July 2017.
Richard joined the group 25 years ago and has been on the IHG Board
for 14 years, including the last six as CEO. He has led IHG's
strategy and played an integral role in IHG's successes since its
demerger from Six Continents plc in 2003. As a Board
Director and CEO, he has led the growth of IHG's footprint around
the world and established the business on a global
scale.
Keith joined IHG in 2000 and has held senior leadership positions
in IHG's Americas, Asia, Middle East and Africa (AMEA) and Greater
China regions, including four years as CEO of IHG's Greater China
business. He was appointed Chief Commercial Officer in May
2013, and has held global responsibility for IHG's sales, marketing
and loyalty functions.
Patrick Cescau, Chairman of IHG, commented: "It has been a pleasure to work with Richard, and
on behalf of the Board and our colleagues I want to thank him for
his successful leadership of IHG. Richard has been an
outstanding CEO and a driving force behind IHG becoming the leading
global organisation it is today. He has created exceptional
shareholder value and as CFO successfully steered the group through
the financial crisis. He has executed our winning strategy
with a sharp focus on developing our brands, guest experience and
loyalty proposition, as well as the digital transformation of the
business. Although we are sorry to see him go, we
respect and understand his decision to retire and wish him all the
very best for the future.
Succession planning and talent development is an important part of
IHG's culture and is built into the way we run the business.
Keith's appointment is a result of a rigorous process.
He has had a significant career in the hospitality industry and has
the leadership skills and operational experience to take on the
role of CEO. His time running and transforming
our Greater China business, as well as his recent leadership of
IHG's sales and marketing functions, means he is extremely well
placed to lead the business through the next stage of its
development.
Richard Solomons, CEO said: "It
has been a privilege to have spent the last 25 years working in
such a dynamic business and alongside an outstanding executive
team, talented colleagues across the business and our dedicated
hotel owners. I am proud of the success we have achieved
since IHG became a standalone business in 2003, not least
completing our transition to becoming an asset-light business,
launching a series of innovative new hotel brands and new concepts
for our heritage brands, acquiring Kimpton Hotels & Restaurants
and creating value for shareholders. Keith has been an
outstanding leader in the business and is clearly the right person
to lead IHG to continued future success."
Keith Barr, Chief Commercial Officer and CEO Designate said:
"I am honoured to be appointed CEO of
one of the world's leading hotel companies and to have the
opportunity to lead IHG. Building on Richard's leadership and
IHG's strong performance track record, we will continue to focus on
developing our portfolio of brands, delivering consistent,
high-quality growth and creating value."
ENDS
FOR FURTHER INFORMATION
Investor Relations (Heather
Wood):
+44 (0)1895 512176 and +44 (0)7808
098724
Media Relations (Yasmin
Diamond; Mark Debenham): +44
(0)7990 541544 and +44 (0)7527 424046
Notes to Editors
BIOGRAPHIES
Richard Solomons
Richard has been Chief Executive of IHG® since July 2011. He
is responsible for implementing IHG's strategy of building a
portfolio of preferred hotel brands.
During his tenure as Chief Executive Richard has led the continued
growth of IHG, including the launch of our two newest brands,
HUALUXE Hotels and Resorts, the first international hotel brand
tailored for the domestic Chinese customer, and EVEN Hotels, the
first mainstream wellness hotel brand. In January 2015, Richard
also led the acquisition of Kimpton Hotels & Restaurants, the
world's largest independent boutique hotel business. Richard has
overseen the re-launch of IHG Rewards Club, the world's first and
largest hotel loyalty programme with more than 100 million enrolled
members worldwide, differentiated in terms of its scale and
benefits and covering more hotels in more segments in more
countries than any other scheme.
Before being appointed Chief Executive Richard served as Chief
Financial Officer (CFO) and Head of Commercial Development at IHG.
Richard was integral in shaping and implementing IHG's asset light
strategy, which has helped the business grow significantly since it
was formed in 2003, as well as supporting the return of $12.8
billion to shareholders. As CFO, Richard was also responsible for
the Group's financial affairs and investor relations. In 2008, he
also served as Interim President of our Americas
business.
Richard first joined Bass plc (later Six Continents plc), the
company from which IHG emerged, in June 1992. He subsequently held
a number senior roles in the business including Chief Operating
Officer of the Americas Hotels division, before being appointed
Finance Director of the company in February 2003. In this role, he
oversaw the separation of IHG from Six Continents in April 2003 and
the IPO of the Britvic soft drinks division in late
2005.
Prior to joining IHG, Richard worked in investment banking for
seven years with Hill Samuel Bank, based in New York and London. He
is a qualified Chartered Accountant; a member of the Industry Real
Estate Financing Advisory Council and a Governor of the Aviation
and Travel Industry Group of the World Economic Forum. In April
2015, Richard was appointed as a Non-Executive Director to the
Board of Marks and Spencer Group.
Keith Barr
Keith Barr has spent 25 years working in the hospitality industry.
He has extensive experience of general management, commercial
operations as well as brand management and revenue
generation.
Keith joined IHG in 2000 and subsequently held a number of
positions in IHG's Americas, Asia, Middle East and Africa (AMEA)
and Greater China regions. He was previously Vice-President of
Operations for Mid-scale brands in North America, Vice-President of
Operations for the Holiday Inn brand in North America and Chief
Operating Officer for Australia, New Zealand, and South
Pacific.
He spent four years as CEO of the Greater China business, where IHG
drove outstanding results and consistently outperformed the market.
Leading IHG in one of its priority regions, Keith developed and
launched IHG's HUALUXE® Hotels and Resorts brand in 2012,
which is tailored specifically for the Chinese traveller. He
has been a member of IHG's Executive Committee since April 2011 and
was appointed Chief Commercial Officer (CCO) in 2013. As CCO, he
has taken responsibility for leading IHG's global brand, loyalty,
sales and marketing functions to drive consistent brand strategies
and to leverage IHG's scale and systems to deliver continued
industry outperformance.
Prior to joining IHG, Keith held several senior positions at
Bristol Hotels and Resorts, which was acquired by IHG in 2000. He
is a graduate of Cornell University's School of Hotel
Administration and is currently a member of its Leland C. and Mary
M. Pillsbury Institute for Hospitality Entrepreneurship Advisory
Board.
About IHG
IHG® (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)] is a
global organisation with a broad portfolio of hotel brands,
including InterContinental® Hotels &
Resorts, Kimpton® Hotels
& Restaurants, Hotel
Indigo®, EVEN®
Hotels, HUALUXE® Hotels
and Resorts, Crowne
Plaza® Hotels & Resorts, Holiday Inn®, Holiday Inn Express®, Holiday Inn
Club Vacations®,
Holiday Inn
Resort®,
Staybridge Suites®
and Candlewood Suites®.
IHG franchises, leases, manages or owns nearly 5,200 hotels and
770,000 guest rooms in almost 100 countries, with nearly 1,500
hotels in its development pipeline. IHG also manages IHG® Rewards Club, our global loyalty programme,
which has more than 100 million enrolled
members.
InterContinental Hotels Group PLC is the Group's holding company
and is incorporated in Great Britain and registered in England and
Wales. More than 350,000 people work across IHG's hotels and
corporate offices globally.
Visit www.ihg.com
for hotel information
and reservations and www.ihgrewardsclub.com for more on IHG Rewards Club. For
our latest news, visit: www.ihgplc.com/media and follow us on social media
at: www.twitter.com/ihg, www.facebook.com/ihg and www.youtube.com/ihgplc.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
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InterContinental Hotels Group PLC
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(Registrant)
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By:
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/s/ F.
Cuttell
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Name:
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F.
CUTTELL
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Title:
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ASSISTANT
COMPANY SECRETARY
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Date:
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05 May 2017
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