Chief Executive Officer
A member of the Executive Committee
A member of the Board
Richard has been Chief Executive Officer of IHG since July 2011. He is responsible for implementing IHG's strategy of building a portfolio of preferred hotel brands.
During his tenure as Chief Executive, Richard has led the continued growth of IHG, including the launch of our two newest brands, HUALUXE Hotels and Resorts, the first international hotel brand tailored for the domestic Chinese customer and EVEN Hotels, the first mainstream wellness hotel brand. Richard has also overseen the recent re-launch of IHG's loyalty scheme as IHG Rewards Club, the world's first and largest hotel loyalty programme with over 90 million members worldwide, differentiated in terms of its scale and benefits and covering more hotels in more segments in more countries than any other scheme.
Before being appointed Chief Executive Officer, Richard served as Chief Financial Officer and Head of Commercial Development (CFO) at IHG. 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. As CFO, Richard was also responsible for the Group's financial affairs and investor relations. In 2008, he also served as Interim President of our Americas business.
Richard first joined Bass PLC (later Six Continents PLC), the company from which IHG emerged, in June 1992. He subsequently held a number of senior roles in the business including Chief Operating Officer of the Americas Hotels division, before being appointed Finance Director of the company in March 2003. In this role he oversaw the separation of IHG from Six Continents later in 2003 and then the disposal of its 100% holding in the soft drinks business, Britvic plc in late 2005.
Prior to joining IHG, Richard worked in Investment banking for seven years with Hill Samuel Bank, based in New York and London. He is a qualified Chartered Accountant and a member of the Executive Committee of the World Travel and Tourism Council, as well as a Non-Executive Director of Marks and Spencer Group plc.
Last updated 22 April 2015