Holiday Inn 2015 Annual Report Download - page 57

Skills and experience: Richard has led the continued growth of IHG,
including the launch of our two newest brands, HUALUXE Hotels
and Resorts and EVEN Hotels, and IHG’s acquisition of Kimpton
Hotels & Restaurants. Before being appointed Chief Executive Officer,
Richard served as Chief Financial Officer and Head of Commercial
Development. 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
$10.4 billion to shareholders. In 2008, he served as Interim President
of our Americas region. Richard is 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.
Board contribution: Richard is responsible for the executive
management of the Group and ensuring the implementation
of Board strategy and policy.
Other appointments: Currently a Non-Executive Director of Marks
and Spencer Group plc.
Skills and experience: From 2005 to 2008, Patrick was Group Chief
Executive of Unilever Group, having previously been Chairman of
Unilever PLC, Vice-Chairman of Unilever NV and Foods Director,
following a progressive career with the company, which began in
France in 1973. Prior to being appointed to the board of Unilever PLC
and Unilever NV in 1999, as Finance Director, he was Chairman of a
number of the company’s major operating companies and divisions,
including in the US, Indonesia and Portugal. He was formerly a Senior
Independent Director and Non-Executive Director of Pearson plc
and Tesco PLC, and a Director at INSEAD.
Board contribution: Patrick has held board positions for nearly
15 years in leading global businesses and brings extensive
international experience in strategy, brands, consumer products,
and finance. As Chairman, Patrick is responsible for leading the
Board and ensuring it operates in an effective manner, and promoting
constructive relations with shareholders. As Chairman of the
Nomination Committee, he is responsible for reviewing and making
recommendations on the Group’s leadership needs.
Other appointments: Currently a Non-Executive Director
of International Airlines Group, Patrick is also a trustee of
The Leverhulme Trust, Patron of the St Jude India Children’s
Charity and Member of the TEMASEK European Advisory Panel.
Patrick Cescau
Non-Executive Chairman
Appointed to the Board: 1 January 2013
Paul Edgecliffe-Johnson
Chief Financial Officer
Appointed to the Board: 1 January 2014
Richard Solomons
Chief Executive Officer C
Appointed to the Board: 10 February 2003
Skills and experience: Paul is a chartered accountant and a fellow
of the Institute of Chartered Accountants. He was previously Chief
Financial Officer of IHG’s Europe and Asia, Middle East and Africa
regions, a position he held since September 2011. He joined IHG in
August 2004 and has held a number of senior-level finance positions,
including Head of Investor Relations, Head of Global Corporate
Finance and Financial Planning & Tax, and Head of Hotel Development,
Europe. Paul also acted as Interim Chief Executive Officer of the
Europe, Middle East and Africa region (prior to the reconfiguration
of our operating regions).
Board contribution: Paul is responsible, together with the Board,
for overseeing the financial operations of the Group and setting its
financial strategy.
Our Board of Directors
Changes to the Board and Executive Committee
Kirk Kinsell Kirk resigned as President, The Americas
effective as of 13 February 2015.
Anne Busquet Anne was appointed as a Non-Executive Director
of IHG effective as of 1 March 2015. Anne joined
the Audit Committee, Corporate Responsibility
Committee and Nomination Committee on
her appointment.
Dale Morrison Dale was appointed to the Remuneration
Committee, and resigned from the Corporate
Responsibility Committee, on 19 March 2015.
Jill McDonald Jill was appointed to the Corporate
Responsibility Committee on 19 March 2015.
Tracy Robbins Tracy resigned from the Board and her role
as Executive Vice President, Human Resources
on 15 January 2016 due to health reasons.
Lori Gaytan Due to Tracy’s resignation, Lori was appointed
as interim Executive Vice President, Human
Resources on 15 January 2016.
Jennifer Laing Jennifer will retire from the Board following
the AGM on 6 May 2016.
Ying Yeh Ying will retire from the Board following
the AGM on 6 May 2016.
STRATEGIC REPORT GOVERNANCE GROUP FINANCIAL STATEMENTS ADDITIONAL INFORMATIONPARENT COMPANY FINANCIAL STATEMENTS
55IHG Annual Report and Form 20-F 2015