Changes at the top at Choice Hotels
Choice Hotels International announces the promotion of two executives and a planned transition of the chief financial officer position.
Chief operating officer Patrick S. Pacious has been promoted to president and chief operating officer. In this expanded position, he will assume a greater role in operational and strategic leadership of the company as well as global development. The title of president recognises Pacious’ growing oversight of the company’s business and reflects the integral role he plays within the executive management team.
Scott E. Oaksmith is promoted to senior vice president, finance, and chief accounting officer. He has worked within the company’s financial organisation for over 14 years, most recently serving as controller where he oversaw a large portion of Choice Hotels’ accounting and financial reporting operations including SEC disclosure and accounting, planning and analysis and treasury operations.
David L. White will step down as CFO on June 3 but will remain with the company to assist with the CFO transition prior to his planned departure before the end of 2016.