i can understand your comement regarding the managment...however as you may be aware of a new CEO is to be appointed as well as the clearing out of staff and i would assume this meant staff at the higher end of the chain.
another intersting thing to note from reading the ann. is that 2 new directors are to be appointed.the ann. states that these 2 new directors are to be from the currant largest shareholder,which is a subsiduary of GPG.so inefect GPG will have 2 of its own on the IHG board come the restructure...now i dont know to much about GPG...but i understand that they are a pretty cluey crowd...
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