London – 8 May 2017 –
InterContinental Hotels Group announced that Richard Solomons has decided to retire from IHG and his role as Chief Executive Officer (CEO).
Richard will step down as CEO on 30 June and retire from IHG on 30 August. He will be succeeded by Keith Barr, a member of IHG’s Executive Committee who has spent nearly 17 years with IHG, most recently as Chief Commercial Officer (CCO). Keith will take up his new position and become a member of IHG’s Board on 1st July 2017.
Richard joined the group 25 years ago and has been on the IHG Board for 14 years, including the last six as CEO. He has led IHG’s strategy and played an integral role in IHG’s successes since its demerger from Six Continents plc in 2003. As a Board Director and CEO, he has led the growth of IHG’s footprint around the world and established the business on a global scale.
Keith joined IHG in 2000 and has held senior leadership positions in IHG’s Americas, Asia, Middle East and Africa (AMEA) and Greater China regions, including four years as CEO of IHG’s Greater China business. He was appointed Chief Commercial Officer in May 2013, and has held global responsibility for IHG’s sales, marketing and loyalty functions.