$108.860
+0.316 (+0.29%)At close
CHH News
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Choice Hotels Appoints CVS Executive Ali Keshavarz to Board
Choice Hotels International (CHH) announced the appointment of Ali Keshavarz, President and Chief Data & Analytics Officer of CVS Health (CVS), to its Board of Directors. "Ali is a highly accomplished leader whose experience and expertise in artificial intelligence will further strengthen our Board as we advance Choice Hotels International's long-term growth strategy and continue creating value for our franchise owners, guests, and shareholders," said Stewart Bainum Jr., chairman of the Choice Hotels International Board of Directors.
Choice Hotels Leadership Change: Patrick Pacious Steps Down as CEO
Choice Hotels announced a leadership transition under which Patrick Pacious will step down as President and CEO. Pacious will serve as an advisor to the company through August 31 to support the transition. The board has appointed Dominic Dragisich, Chief Growth & Strategy Officer, as Interim CEO, effective May 20. The board will conduct a comprehensive search in partnership with a leading executive search firm to identify the company's next CEO and will consider all qualified internal and external candidates. Before becoming Chief Growth & Strategy Officer, Dragisich previously served as EVP, Operations and Chief Global Brand Officer and as the company's CFO from 2017 to 2023.
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