Tom Singer to Step Down as IHG's Group Chief Financial Officer; Succeeded by Paul Edgecliffe-Johnson
December 6, 2013 10:18am
Patrick Cescau, Chairman of IHG commented:
“I want to thank Tom for his contribution to the success of IHG as Chief Financial Officer and his role as a valued Board member during his time with us. I am pleased to welcome Paul Edgecliffe-Johnson to the Board which shows the strength and depth of our management team, demonstrating our robust succession planning and our ability to promote from within.”
Richard Solomons, Chief Executive Officer of IHG commented:
“Tom has been a strong support to me and to the business as we have continued to execute our asset light strategy and drive superior returns for shareholders. Tom has played a key role in supporting our financial success and I wish him the very best for the future.
Paul brings a breadth of experience across a number of senior roles at IHG and has a proven track record of delivering excellent results. I look forward to working with him in his new role.”
Tom Singer, Chief Financial Officer commented:
“I have greatly enjoyed my time at IHG and have valued the opportunity to work with such a talented team, including Paul, who has been a great colleague and who has an in-depth knowledge of IHG. I leave confident in the knowledge that there is continuity in the leadership of the team and that my work has helped ensure IHG is well positioned for future growth.”
Tom Singer - Biography
Tom joined IHG’s Executive Committee and main Board in September 2011. From May 2008, he was Group Finance Director and a main Board member at BUPA, a leading provider of private health care insurance and health care services. Prior to joining BUPA, Tom was with William Hill for five years, first as Group Finance Director and then as Chief Operating Officer. While there he took the private equity-owned business public. He has also been Finance Director and a main board director at Moss Bros PLC and has held managerial positions with McKinsey & Company, where he spent five years and Price Waterhouse working in both London and New York.
Tom is a qualified Chartered Accountant and holds a BSC (Hons) in Economics & Accounting from the University of Bristol.
Paul Edgecliffe-Johnson - Biography
Paul is currently Chief Financial Officer of IHG’s Europe and Asia, Middle East & Africa regions, a position he has held since September 2011. He is a member of the Regional Operating Committees in both regions.
He joined IHG in August 2004 and has since held a number of senior level finance positions including Head of Investor Relations, Head of Global Corporate Finance, Financial Planning & Tax and Chief Financial Officer, Europe, Middle East & Africa and Head of Hotel Development, Europe. He also acted as Interim CEO of Europe, Middle East and Africa.
Paul joined IHG from PricewaterhouseCoopers where he was Senior Manager for Private Equity Tax Structuring. He previously spent 7 years working within Corporate Finance at HSBC Investment Bank. Whilst at HSBC, Paul advised a wide range of multinational companies on equity and debt fund raisings, mergers and acquisitions and joint ventures.
Paul has a law degree from the University of Southampton, he is a fellow of the Institute of Chartered Accountants and is a member of the Association of Corporate Treasurers.
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