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After the appointment of 2 "more suitably qualified" outsiders in 2021 - ex-IHG CEO and President of Greater China Kering Group, the Keswicks have continued to de-jardinize the BOD with 2 more similar appointments in July2024 - Chief Global Growth Officer of L'OReal and Chief Marketing Officer of Diageo.
To be honest, as a standalone and small luxury hospitality group, Mandarin Oriental lacks breadth and scale. The brand is definitely better off been part of a larger hospitality group, unlocking access its loyalty program and IT systems. Maybe the Keswicks could split the company into two - hotel ownership and hotel mgt as Marriott did 30years ago and more recently, Hilton as well, and then make ownership adjustments accordingly.
COMPANY BOARD CHANGES
https://links.sgx.com/FileOpen/MOIL%20SG...eID=809939
https://links.sgx.com/FileOpen/0731%20Co...eID=813630
To be honest, as a standalone and small luxury hospitality group, Mandarin Oriental lacks breadth and scale. The brand is definitely better off been part of a larger hospitality group, unlocking access its loyalty program and IT systems. Maybe the Keswicks could split the company into two - hotel ownership and hotel mgt as Marriott did 30years ago and more recently, Hilton as well, and then make ownership adjustments accordingly.
COMPANY BOARD CHANGES
https://links.sgx.com/FileOpen/MOIL%20SG...eID=809939
https://links.sgx.com/FileOpen/0731%20Co...eID=813630