Former IHG CEO to join board of Mandarin Oriental

Mandarin Oriental Hyde Park, London
Mandarin Oriental Hyde Park, London. (Mandarin Oriental)

Insight Comment
Richard Solomons certainly brings plenty of experience to the role but does his appointment and the downsizing of the board point to something bigger going on at Mandarin Oriental?

Richard Solomons, the former CEO of IHG Hotels and Resorts, is joining the board of Mandarin Oriental Hotel Group.

Solomons will take up his non-executive role on 1 December alongside fellow new appointee Jinqing Cai, president, Greater China, at global luxury group Kering.

At the same time as announcing the new hires Mandarin Oriental announced the retirement of four current board members (Jack Chen, Julian Hui, Anthony Nightingale and Percy Weatherall).

“The board continues to evolve its composition as it responds to the changing business environment in which the Company operates, and it will benefit from a smaller board with more external expertise,” the company said in a stock market statement.

Solomons stepped down from the top job at IHG in June 2017, after 25 years at the company, six of them as CEO.

Mandarin Oriental, which is part of Hong Kong-based conglomerate Jardine Matheson, operates 35 hotels and seven residences in 24 countries and territories.