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People: InterContinental Hotels Group PLC (IHG.L)

IHG.L on London Stock Exchange

23 Jun 2017
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Solomons, Richard 

Mr. Richard Solomons is longer Executive Director of InterContinental Hotels Group Plc., with effect from 30 August 2017. He will resign as Chief Executive Officer of the Company., effective 30 June 2017. He 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.

Basic Compensation

Total Annual Compensation, USD 836,000
Restricted Stock Awards, USD --
Long-Term Incentive Plans, USD 1,572,000
All Other, USD 1,042,000
Fiscal Year Total, USD 3,450,000

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --