Millennium & Copthorne Hotels (M&C) has announced that Jennifer Fox has stepped down as group CEO and director on September 27, just months after assuming the post.
The industry veteran was formerly president of Fairmont Hotels & Resorts and COO for Europe at InterContinental Hotels Group.
Tan Kian Seng, M&C’s group chief of staff, will serve as interim CEO from September 28, a company statement said on Friday.
M&C did not offer the reasons for Fox’s departure, but a separate statement on the company website stated that a contractual pay-off of £1m (US$1.3 million) would be given to her.
