CHOICE HOTELS INTERNATIONAL INC /DE - 8-K Filing
Choice Hotels International announced that Patrick S. Pacious will step down as CEO effective May 20, 2026, with Dominic E. Dragisich appointed as Interim CEO on the same date. In connection with his new role, Mr. Dragisich received a $500,000 cash bonus and restricted stock unit award valued at $500,000. The company also entered into a separation agreement with Mr. Pacious providing severance benefits including 200% of base salary plus target annual bonus, continued vesting in equity awards for two years post-separation, health insurance continuation until September 30, 2032, and other transi... (Items: 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Offi, 9.01 Financial Statements and Exhibits)
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