IHG Appoints New Chief Financial Officer
(M2 PressWIRE Via Acquire Media NewsEdge) InterContinental Hotels Group has confirmed that Tom Singer will step down from the Board and his role as Chief Financial Officer on 1 January 2014.
Tom will be succeeded by Paul Edgecliffe-Johnson, who joined IHG in August 2004 and has held a number of senior positions, most recently as Chief Financial Officer of IHG's Europe and Asia, Middle East & Africa regions.
Paul will take up his new position and become a member of IHG's Board and Executive Committee on 1 January 2014.
Tom Singer, Chief Financial Officer, said, "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."
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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