IHG Appoints New CFO

InterContinental Hotels Group has appointed Tom Singer to the Board and Executive Committee as Chief Financial Officer, effective 26 September 2011.

Tom takes over the CFO role from Richard Solomons, who became Chief Executive on 1 July 2011, and joins IHG from global healthcare group BUPA where he has been Group Finance Director since 2008.

Chief Executive of IHG, Richard Solomons, said, “I am delighted Tom Singer is joining IHG. His broad commercial and international experience make him an ideal fit. With a track record of working across a broad range of sectors to drive positive change, he is a welcome addition to the team and I am looking forward to working with him.”

Prior to joining BUPA, Tom was with William Hill for five years, first as Group Finance Director and then as Chief Operating Officer. While there he took the private equity-owned business public. As Chief Operating Officer he was responsible for the running of over 2,200 betting shops, two call centres and the internet business - moving away from the finance brief to a more operationally led, general management role.

He has also been Finance Director and a main board director at Moss Bros PLC and has held managerial positions with McKinsey & Company, where he spent five years and Price Waterhouse working in both London and New York.

Tom Singer, incoming CFO, added, “IHG has a strong stable of international brands. I am looking forward to getting started, supporting the Group development plans around the world.”

Tom is 48 years old, a qualified Chartered Accountant and holds a BSC (Hons) in Economics & Accounting from the University of Bristol in England.

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