IHG names next Chairman

Hotel News - 28/05/2012

Previous Article | News Index | Next Article

Hotel conglomerate InterContinental Hotels Group has named Patrick Cescau as its next chairman.

The firm said in a press release issued on Friday that Mr Cescau would succeed current chairman David Webster at the end of the year. Webster, who has served on the company’s board since 2003, is set to retire on 31 December.

Cescau has served as chairman and chief executive for Dutch consumer manufacturing firm Unilever PLC and is a current board member for International Airlines Group (IAG), the parent firm of Spanish airline Iberia and UK flag carrier British Airways.

Mr Webster said in a statement that his time working with IHG has been a highlight of his career and that he was proud of the total shareholder return figures for the ten-year period following the company’s 2003 demerger.

Patrick Cescau said in the press release that he was looking forward to helping IHG move toward even greater success. He said this would be achieved through its strategic global expansion strategy and continued brand building.

IHG currently operates some 4,500 hotel properties around the globe and has in excess of 1,000 more in the works. Nine brand names fall under its umbrella, including Crowne Plaza, Hotel Indigo and Holiday Inn.

Previous Article | News Index | Next Article


© Airport Hotels 2012

Gemini House, Swindon, UK

Telephone: 0871 360 2284