DENHAM, England — The InterContinental Hotels Group has announced the retirement of David Webster, chairman of the Group, who will be replaced by Patrick Cescau, effective Jan. 1.
“David Webster will have led the Board for almost a decade with an exemplary commitment making him indisputably linked to our achievements. His counsel and presence have been invaluable, and we wish him well for the future. I will continue to work closely with him until the end of the year,” said David Kappler, senior independent non-executive director. “It gives me great pleasure to welcome Patrick to IHG. His extensive international experience and understanding of leading brands will make him ideally qualified to lead our Board.”
Cescau is currently the director of Pearson PLC, Tesco PLC and International Airlines Group and was formerly a group chief executive of Unilever from 2005 to 2008. He also held other senior positions with the company, including finance director and CEO of the Foods Division.
Webster has been chairman of the IHG Group since January 2004 and a member of the Board since April 2003.
