Patrick Pacious Moves Up the Ladder at Choice Hotels International
- May 30, 2016
Rockville, Md.—Choice Hotels International recently promoted two executives and announced a planned transition of the CFO position. COO Patrick Pacious has been promoted to President & COO. In this expanded position, Pacious will assume a greater role in operational and strategic leadership of Choice Hotels, as well as global development.
Pacious has worked at Choice Hotels for over a decade and has held leadership roles in the areas of strategic planning, corporate development, operations, distribution, technology and innovation. As COO, he has overseen reservations delivery across all channels, brand management, marketing, franchise services, information technology, revenue management, performance analytics, loyalty and relationship marketing, and international operations. Prior to that, he spent more than nine years in senior consulting positions with BearingPoint and Arthur Andersen focused on the hospitality sector.
Scott Oaksmith has been promoted to Senior Vice President, Finance and Chief Accounting Officer. Oaksmith has worked within the company’s financial organization for over 14 years, most recently serving as Controller, in which role he oversaw a large portion of Choice Hotels’ accounting and financial reporting operations including SEC disclosure and accounting, planning and analysis and treasury operations.
“Pat has proven to be an exceptional leader and one of the best operations executives I’ve worked with. His innovative thinking and vision will continue to enhance the strategic direction, growth, and profitability of our company. We’re also proud to promote Scott, who has contributed significantly to the growth of our financial function,” said CEO Stephen Joyce, in prepared remarks.
David White will be transitioning from the company and will pursue other professional opportunities. White will step down as CFO on June 3rd but will remain with the company to assist with the CFO transition prior to his planned departure before the end of 2016. Since joining Choice in 2002 as Vice President, Financial Reporting, he has served in a number of positions of increasing scope and responsibility, including controller, treasurer and, since 2006, CFO. Oaksmith will oversee the finance team during the upcoming CFO transition. Choice Hotels has hired Spencer Stuart to conduct an executive search for a permanent CFO successor.