Choice Hotels CEO Patrick Pacious steps down; Dominic Dragisich named interim CEO

CHOICE HOTELS INTERNATIONAL INC /DE

Patrick Pacious steps down as President & CEO effective May 20, 2026; will serve as advisor through Aug 31, 2026.
Dominic Dragisich, former CFO and Chief Growth & Strategy Officer, appointed Interim CEO effective May 20, 2026.
Board will conduct search for permanent CEO, considering internal and external candidates.
Separation agreement includes cash severance of 200% of base salary + target bonus, equity vesting, and benefits.
Company reaffirms full-year 2026 financial outlook provided on April 30, 2026.

item 5.02 item 9.01

Executive movements

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Appointed (interim)

Dominic E. Dragisich

Interim Chief Executive Officer

CHH · CHOICE HOTELS INTERNATIONAL INC /DE

Effective: 2026-05-20
Filed: May 20, 2026, 4:10 PM ET

the Board appointed Dominic E. Dragisich, the Company’s Chief Growth & Strategy Officer, as the Company’s Interim CEO, effective May 20, 2026.

Departed

Patrick S. Pacious

President & Chief Executive Officer

CHH · CHOICE HOTELS INTERNATIONAL INC /DE

Effective: 2026-05-20
Successor: Dominic E. Dragisich
Filed: May 20, 2026, 4:10 PM ET

Patrick S. Pacious will step down as the Company’s President & Chief Executive Officer (“CEO”), effective May 20, 2026.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Dominic E. Dragisich was appointed as Interim Chief Executive Officer at CHOICE HOTELS INTERNATIONAL INC /DE.

Action: appointed
Role: Interim Chief Executive Officer

Exact text from the filing

the Board appointed Dominic E. Dragisich, the Company’s Chief Growth & Strategy Officer, as the Company’s Interim CEO, effective May 20, 2026.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Patrick S. Pacious departed as President & Chief Executive Officer at CHOICE HOTELS INTERNATIONAL INC /DE.

Action: stepped down
Role: President & Chief Executive Officer

Exact text from the filing

Patrick S. Pacious will step down as the Company’s President & Chief Executive Officer (“CEO”), effective May 20, 2026.

View on SEC.gov

CHOICE HOTELS INTERNATIONAL INC /DE filing history →

Source: SEC EDGAR

accession 0001193125-26-232581

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