(Reuters) – Holiday Inn owner IHG promoted Michael Glover, the finance chief of its Americas division and group head of commercial finance, to the role of chief financial officer on Tuesday, with effect from March 20.
Glover will succeed current CFO Paul Edgecliffe-Johnson, who is stepping down to join bookmaker Flutter Entertainment early next year.
“His appointment clearly shows the strength of our management team, our robust succession planning and our ability to promote from within,” Non-Executive Chair Deanna Oppenheimer said in a statement.
Glover, who has been with IHG for 18 years, had earlier served as the finance head of the company’s China region for more than two years.
(Reporting by Radhika Anilkumar in Bengaluru; Editing by Subhranshu Sahu)