InterContinental Hotels Groups (IHG) has announced the retirement of Non-Executive Director Ian Dyson from the IHG Board, effective 28 February 2023, and the succession of Byron Grote as Non-Executive Director, effective 1 July 2022.
These changes reflect the group’s dedication to succession planning, gathering a diverse mix of talent, expertise, skills and relevant experience, and ensuring a seamless transition of responsibilities.
In 2013, Dyson was appointed to the IHG Board as a Non-Executive Director and later became the Chair of the Audit Committee in 2014. Dyson also currently serves on the Nomination and Remuneration Committees.
“Ian has been a valuable member of the Board, offering excellent insight and wise counsel over the last nine years. On behalf of the Board, I would like to express our gratitude to Ian for his contribution to IHG and his thoughtful management of the Audit Committee, particularly during a challenging pandemic period,” said Patrick Cescau, Non-Executive Chair, IHG.
Grote has served on several boards and committees as Non-Executive Director, including Standard Chartered PLC, Tesco PLC, Akzo Nobel N.V., Anglo American plc and Unilever PLC.
Currently, he is the Audit Committee Chair at Tesco PLC and Akzo Nobel N.V., a participant in the European Audit Committee Leadership Network, and a member of the Regulation Group of the Audit Committee Chairs’ Independent Forum. Before this, Grote undertook the role as the Chief Financial Officer at BP p.l.c.
“We are delighted that Byron will join IHG’s Board. Byron has an outstanding track record of serving a range of leading international businesses, both at the Board level and in senior management positions. His extensive experience, particularly in finance and chairing audit committees, will further strengthen IHG’s Board,” said Cescau.
Grote will serve on the Audit and Remuneration Committees of the IHG Board upon appointment and will succeed Dyson as the Chair of the Audit Committee on 1 March 2023.
