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News Reports |
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| InterContinental's Asia Boss Quits
after Review |
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Ben Bland, Online City Reporter [ June 15, 2007 The Daily Telegraph, UK ]
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| A senior executive has resigned from Inter Continental Hotels following an internal review of his academic qualifications.
Inter Continental said that Patrick Imbardelli, 46, who was chief executive of Inter Continental's Asia Pacific business, had quit after "an internal review
of the academic qualifications of Patrick as previously presented to the company." |
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| Mr Imbardelli was due to be promoted to the board of Inter Continental, which owns the Holiday Inn and Crowne Plaza chains, at
the start of July. In a statement released when his promotion was announced last month, Inter Continental said that Mr Imbardelli held a Bachelor of Business
degree from Victoria University in Australia. |
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| He was highly valued with the company and was credited with helping make Holiday Inn one of the most widely recognised hotel
brands in China. In May, David Webster, Inter Continental's chairman, said of his promotion: "Patrick brings a wealth of experience to the board. His
operational management skills are widely recognised and his knowledge of the Asia Pacific region is of particular value given the company's strategic focus
there. He is a most welcome addition to the board." |
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| Inter Continental said that Mr Imbardelli, an Australian citizen based in Singapore, has left the company on a two-month notice
period. It declined to say whether any compensation had been paid. |
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| Mr Imbardelli, who is married with two children, was named Asia Pacific hotelier of the year in 2006. He was appointed managing
director of Inter Continental's Asia Pacific business in 2003, having joined Bass, Inter Continental's forerunner, in 2000. |
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| Prior to that he held a number of management posts with Hilton, Hyatt and Southern Pacific Hotels. Tony South, currently senior
vice president of development and asset management in the Asia Pacific region, has been appointed acting chief executive. |
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| Inter Continental said it hoped to make an announcement about its permanent succession plan in the near future. Mr Imbardelli was
not immediately available to comment. |
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