Andy Cosslett Explained

Andy Cosslett
Birth Name:Andrew Peter Cosslett
Birth Date:1955 4, df=yes
Birth Place:Whalley Range, Manchester, England
Education:University of Manchester
Occupation:Businessman
Chairman, ITV
Term:June 2022
Known For:Chairman, Rugby Football Union

Andrew Peter Cosslett, (born 14 April 1955) is a British businessman and chairman of ITV,[1] and former chairman of Rugby Football Union[2] and Kingfisher plc.[3]

He is also a former operating partner at Advent International,[4] and former Trustee of Shooting Star Chase,[5] a children's hospice charity. Previously he was the CEO of InterContinental Hotels Group (IHG), and was succeeded by Richard Solomons.[6]

Early life

Andrew Peter Cosslett was born in April 1955[7] in Whalley Range, Manchester and grew up in Withington.[8] He earned a bachelor's degree in economics and a master's degree in European Studies from the University of Manchester.[9]

Career

Cosslett began his business career in 1979 as a graduate trainee selling Wall's ice cream and spent 11 years with Unilever becoming a marketing director, before joining Cadbury Schweppes[10] in 1990. He then spent 14 years at Cadbury Schweppes in a number of senior roles, including chairman, Cadbury Schweppes Australia; CEO of the Asia Pacific confectionery business; managing director, Great Britain & Ireland; and president, Europe, Middle East and Africa.[11]

Cosslett joined InterContinental Hotels Group as CEO in 2005.[12] As CEO of IHG, he oversaw the launching of the midmarket boutique hotel brand Hotel Indigo, and a focus on further expansion into the Chinese market.[13] An additional change includes IHG selling most of the hotels the company owned and reaffirming their business model as mainly a manager and franchisor of hotels.[14] During the late 2000s, he oversaw a $1bn (£603m), four-year relaunch of the Holiday Inn franchise.

Between 2005 and 2011, Cosslett was a board member of the World Travel and Tourism Council (WTTC), a member of the presidents council of the Confederation of British Industry (CBI) and a board member of the International Tourism Partnership.[15]

Cosslett stood down as the CEO on 30 June 2011 stating that he has been considering his situation for quite a while: “I’m into my seventh year, but it does feel like the right time to hand over the reins. ... The business is in great shape, and that really helps my exit.”[16]

In June 2017, Cosslett succeeded Daniel Bernard as chairman of Kingfisher plc.[17] [18] He stepped down from this role in April 2024.

In June 2022, Cosslett was appointed Chairman of ITV.

Rugby Football Union

Coslett became chair of the RFU in October 2016, succeeding Bill Beaumont. He himself played rugby for 25 years.[19] [20] He was appointed Commander of the Order of the British Empire (CBE) in the 2022 New Year Honours for services to the Rugby Football Union.

External links

Notes and References

  1. Web site: ITV Board of Directors . July 10, 2024 . itvplc.com.
  2. Web site: Cosslett new Chairman of the RFU Board. England Rugby.
  3. https://www.kingfisher.com/en/media/news/kingfisher-news/20241/directorate-changes.html
  4. News: Andrew Cosslett joins Advent International's Operating Partner Program. Private Equity Wire.
  5. Web site: Shooting Star Chase Trustees. Shooting Star Chase.
  6. Web site: Gee . Powla . 2011-03-16 . Cosslett stands down as InterContinental’s CEO . 2024-03-19 . Hotel Management . en-US.
  7. Web site: Andrew Peter COSSLETT - Personal Appointments (free information from Companies House) . Beta.companieshouse.gov.uk . 16 June 2017.
  8. Web site: Andy Cosslett steps down as CEO of InterContinental Hotels . Manchester Evening News . 16 March 2011 . 18 October 2012.
  9. Web site: 2008 Speaker Biographies: ANDY COSSLETT, CEO, InterContinental Hotels Group (IHG) . Leaders in London 2008 . 29 November 2009 . dead . https://web.archive.org/web/20081230164953/http://www.leadersinlondon.com/lil/speaker_biographies.php . 30 December 2008 .
  10. Web site: 2013-08-02 . A fresh health kick for Fitness First boss Andy Cosslett who's flexing . 2024-03-19 . Evening Standard . en.
  11. Web site: IHG: Our main board: Andrew Cosslett . InterContinental Hotels Group . 29 November 2009 . https://web.archive.org/web/20091119061950/http://www.ihgplc.com/index.asp?pageid=35&boardselect=cosslett . 19 November 2009 . dead . dmy-all .
  12. News: Sarah . Arnott . Andrew Cosslett: Suite dreams for the future . https://ghostarchive.org/archive/20220507/https://www.independent.co.uk/news/people/profiles/andrew-cosslett-suite-dreams-for-the-future-1827601.html . 7 May 2022 . subscription . live . The Independent . 26 November 2009 . 29 November 2009.
  13. News: Abigail . Townsend . Andrew Cosslett: 'Emotional contracts': at his hotels, the shareholders aren't disturbed . https://web.archive.org/web/20090709122240/http://www.independent.co.uk/news/people/profiles/andrew-cosslett-emotional-contracts-at-his-hotels-the-shareholders-arent-disturbed-468572.html . dead . 9 July 2009 . The Independent On Sunday . 5 March 2006 . 29 November 2009.
  14. News: Kerry . Capell . How Andy Cosslett Restyled IHG . BusinessWeek . McGraw-Hill . 21 May 2007 . 29 November 2009 . dead . https://web.archive.org/web/20090917134743/http://www.businessweek.com/bwdaily/dnflash/content/may2007/db20070521_843548.htm . 17 September 2009 .
  15. News: Jemima . Bokaie . The Marketing Profile: Andrew Cosslett, chief executive, InterContinental Hotels Group . Marketing . Haymarket . 9 September 2008 . 29 November 2009. https://web.archive.org/web/20100107215025/http://www.marketingmagazine.co.uk/news/844760/Marketing-Profile-Andrew-Cosslett-chief-executive-InterContinental-Hotels-Group. 7 January 2010 . live.
  16. Web site: 2018-01-02 . IHG chief resigns, CFO to step up . 16 March 2011. Hotel News Now. Stacey Mieyal . Higgins . Jason Q. . Freed.
  17. Web site: Kingfisher chairman Daniel Bernard to step down and be succeeded by Andy Cosslett . The Retail Bulletin . 22 March 2017 . 16 June 2017.
  18. Web site: The Sunday Times . Cosslett to scrum down at Kingfisher | Business | The Times & The Sunday Times . Thetimes.co.uk . 26 March 2017 . 16 June 2017.
  19. Web site: Cosslett new Chairman of the RFU board. RFU. 20 March 2019.
  20. Web site: Cosslett proposed as next RFU Board Chairman. RFU. 20 March 2019.