Holiday Inn 2015 Annual Report Download - page 155

Director and Executive Committee shareholdings
As at 22 February 2016, Directors and Executive Committee members
had the same number of beneficial interests in shares as at
31 December 2015, as set out in the table below. These shareholdings
include all Directors’ beneficial interests and those held by their
spouses and other connected persons. As at 22 February 2016, no
Director or Executive Committee member held more than 0.2 per cent
of the total issued share capital. None of the Directors has a beneficial
interest in the shares of any subsidiary. The shareholdings set out below
do not include Executive Directors’ or Executive Committee members’
share awards under IHG’s share plans. These are set out separately
in the Directors’ Remuneration Report on page 75 for the Executive
Directors and on page 159 for Executive Committee members.
Directors
As at
31 December 2015
ordinary shares
As at
31 December 2014
ordinary shares
Patrick Cescau
(Chairman)
––
Richard Solomons
(Chief Executive Officer)
365,625 382,533
Senior Independent Non-Executive Director
Dale Morrison 3,907a3,907a
Executive Directors
Paul Edgecliffe-Johnson 22,014 10,583
Kirk Kinsellbn/a 117,6 4 0c
Tracy Robbinsd37,726 51,418
Non-Executive Directors
Anne Busquete–n/a
Ian Dyson ––
Jo Harlow ––
Jennifer Laing 2,905 2,905
Luke Mayhew 1,722 1,722
Jill McDonald ––
Ying Yeh ––
Executive Committee
Keith Barr 22,522 22,522
Angela Brav 32,724 32,724
Elie Maalouff–n/a
Kenneth Macpherson 7,472 7,472
Eric Pearson –1,998
Jan Smits 30,476 30,476
George Turner 17,975 –
a Shares held in the form of American Depositary Receipts.
b Kirk Kinsell resigned as Executive Director effective as of 13 February 2015.
c 117,092 ordinary shares and 548 American Deposit Receipts.
d Tracy Robbins resigned as Executive Director effective as of 15 January 2016.
e Anne Busquet was appointed as Non-Executive Director effective as of 1 March 2015.
f Elie Maalouf was appointed to the Executive Committee effective as of 13 February 2015.
Future business developments of the Group
Further details on these are set out in the Strategic Report on pages 2
to 49.
Employees and Code of Conduct
Having a predominantly franchised and managed business model
means that not all of those people who work at hotels operated under
our brands are our employees. When the Group’s entire estate is taken
into account (including those working in our franchised and managed
hotels), over 350,000 people worked globally across IHG’s brands
as at 31 December 2015.
IHG employed the following as at 31 December 2015:
• 7,311 people worldwide (including those in our corporate offices,
central reservations offices and owned hotels (excluding those
in a category below)), whose costs were borne by the Group;
• 5,416 people who worked directly on behalf of the System Fund
and whose costs were borne by the System Fund;
• 706 General Managers who worked in our managed hotels and
whose costs were borne by those hotels; and
• 19,746 other hotel workers who worked in our managed hotels,
who had contracts or letters of service with IHG and whose costs
were borne by those hotels.
See notes 3 and 32 of the Group Financial Statements on pages 106
and 139 for more information.
We continue to focus on providing an inclusive environment, in which
employees are valued for who they are and what they bring to the Group,
and in which talented individuals are retained through all levels of the
organisation – see pages 17 and 18.
We also look to appoint the most appropriate person for the job
and are committed to providing equality of opportunity to all
employees without discrimination. Every effort is made to ensure
that applications for employment from disabled employees are fully
and fairly considered and that disabled employees have equal
opportunities to training, career development and promotion.
The Code of Conduct applies to all Directors, officers and employees
and complies with the NYSE rules as set out in Section 406 of the US
Sarbanes-Oxley Act 2002. Further details can be found on page 168.
For more information on the Group’s employment policies, including
equal opportunities, employee communications and development,
see page 24.
STRATEGIC REPORT GOVERNANCE GROUP FINANCIAL STATEMENTS ADDITIONAL INFORMATIONPARENT COMPANY FINANCIAL STATEMENTS
153IHG Annual Report and Form 20-F 2015