Choice Hotels extends CEO severance term to 2027, adds aircraft and health benefits

CHOICE HOTELS INTERNATIONAL INC /DE

CEO Patrick Pacious severance agreement extended through Dec 31, 2027; auto-renews every five years unless notice given.
CEO eligible for health insurance cost payments until age 65 if not covered elsewhere; voluntary termination after 2027 also qualifies.
CEO granted personal use of corporate aircraft up to 45 flight hours per year; no tax gross-up provided.
Shareholders elected all 11 director nominees and approved say-on-pay with ~98.6% support; EY ratified as auditor.

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