News for the Hospitality Executive
and Chairman of the Remuneration Committee Replacing
Ralph Kugler on as his Retirement from the Board
| 24 June 2011
- InterContinental Hotels Group PLC
("IHG") announces the retirement of Mr Ralph Kugler as a member of
the Board and Chairman of the Remuneration Committee. Mr Kugler
replaced by Mr Luke Mayhew, effective from 1 July 2011, who will serve
Non-Executive Director and Chairman of the Remuneration Committee.
Luke is currently a Non-Executive Director and Chairman of the Remuneration Committee of Brambles Limited, a provider of supply chain and information management solutions, which is listed on the Australian Stock Exchange. His previous experience includes twelve years on the Board of the John Lewis Partnership, the latter five years (2000-2004) as Managing Director of the Department Store division, five years at British Airways PLC and, seven years at Thomas Cook Group PLC. He has also previously held non-executive roles at WH Smith PLC and at Pets at Home and Bank Stores where he served as Chairman.
David Webster, IHG's Non-Executive Chairman commented, "Ralph has been a highly valued member of the IHG Board for over eight years and in particular, his work as Chairman of the Remuneration Committee has been exemplary".
Regarding Luke Mayhew's appointment, Mr Webster confirmed, "I am very pleased that Luke has agreed to join the IHG Board and to chair the Remuneration Committee. His experience including his tenure at British Airways as General Manager, Human Resources and his current chairmanship of the Remuneration Committee at Brambles, will be extremely positive for the Group. I very much look forward to working with him".
Mr Mayhew will also serve as a member of the Corporate Responsibility Committee and the Nomination Committee.
The following disclosure is required to be made pursuant to LR 9.6.13R (1):
Current Director of Brambles Limited from 21 August 2006
Director of WH Smith PLC from 26 June 2006 to 31 August 2010
No information is required to be disclosed pursuant to LR 9.6.13R (2) (3) (4) (5) and (6) in respect of this appointment.
InterContinental Hotels Group (IHG) [LON:IHG, NYSE:IHG (ADRs)] is a global company operating seven well-known hotel brands including InterContinental® Hotels & Resorts, Hotel Indigo®, Crowne Plaza® Hotels & Resorts, Holiday Inn® Hotels and Resorts, Holiday Inn Express®, Staybridge Suites® and Candlewood Suites®. IHG also manages Priority Club® Rewards, the world’s first and largest hotel loyalty programme with 58 million members worldwide.
IHG is the world’s largest hotel group by number of rooms and IHG franchises, leases, manages or owns, through various subsidiaries, a portfolio of over 4,400 hotels and more than 652,000 guest rooms in 100 countries and territories around the world.
IHG has more than 1,200 hotels in its development pipeline and expects to recruit around 160,000 people worldwide over the next few years.
InterContinental Hotels Group PLC is the Group’s holding company and is incorporated in Great Britain and registered in England and Wales.
IHG offers information and online reservations for all its hotel brands at http://www.ihg.com and information for the Priority Club Rewards programme at www.priorityclub.com. For our latest news visit www.ihg.com/media, Twitter www.twitter.com/ihgplc or YouTube http://www.youtube.com/ihgplc
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