InterContinental Hotels Group (IHG) has appointed Michael Glover as its CFO. He will take up his new position and become an executive director of IHG’s board and a member of IHG’s executive committee effective March 20, 2023.
He has been with IHG for 18 years and currently serves as CFO, Americas/group head, commercial finance. He succeeds Paul Edgecliffe-Johnson who, in October, announced his intention to pursue an opportunity outside IHG after 19 years of service. He will step down from his role and the IHG Board effective March 19, 2023.
“Michael is an outstanding candidate for the position of chief financial officer,” said Keith Barr, CEO, IHG. “He has enjoyed a stellar career at IHG over the last 18 years, where he has demonstrated his excellent breadth of financial acumen, global expertise and commitment to our purpose and values. His knowledge of the key operational and commercial elements that underpin our business and drive our performance will ensure seamless continuity as we deliver our strategic priorities and growth ambition.”
During his tenure with the business, Glover has held several roles at group and regional levels, including CFO of IHG’s China region from February 2013-September 2015, at which time he became group financial controller where he oversaw tax, treasury and financial reporting group-wide, and delivered a finance transformation program that enabled significant simplification, automation and the transfer of work to IHG’s service center, the company reports.
In his most recent role as CFO, Americas and with group-wide responsibility for commercial finance operations, which includes the global procurement, sales & marketing and technology functions, as well as IHG’s System Fund, he has continued the focus on strengthening returns for IHG’s hotel owners and demonstrated a passion for bringing to life IHG’s Journey to Tomorrow responsible business plan, including developing IHG’s diverse culture and progressing the company’s sustainability ambitions, according to the company.
Before IHG, Glover worked with several large Fortune 250 companies in a wide range of roles, beginning his career at Halliburton Energy Services in 1995.
“I am delighted to welcome Michael to the board in his new role as chief financial officer,” said Deanna Oppenheimer, non-executive chair, IHG. “His appointment clearly shows the strength of our management team, our robust succession planning and our ability to promote from within.”
Glover added, “I’m honored to be appointed chief financial officer of IHG. I’ve had the enormous privilege of working in a variety of different finance roles in my time with the company and believe my deep understanding of our global operations, growth journey and strategic priorities will be beneficial as I transition into the new role.”