IHG Announces Board Changes
FEBRUARY 19, 2008. InterContinental Hotels Group PLC (IHG) today announces the planned retirement of two of its Non-Executive Directors in 2008.
Robert C Larson will be retiring on 31 December 2008. Mr Larson joined the Board of Bass PLC, IHG's former parent company, in 1996 and continued to serve on the Board of IHG following the demerger of Six Continents PLC in April 2003.
Sir David Prosser, who also joined the Board of IHG in April 2003, will be retiring on 31 May 2008, having served for over five years with the Company. Sir David is currently Chairman of the Board's Remuneration Committee and he will be succeeded in that role by one of IHG's existing Non-Executive Directors, Ralph Kugler. Mr Kugler previously served on IHG's Remuneration Committee from 2003 until May 2005.
David Webster, Chairman of IHG, said "Both Robert Larson and Sir David Prosser have given outstanding service to IHG and their wise counsel and support will be greatly missed."
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