Form 8-K
8-K — CHOICE HOTELS INTERNATIONAL INC /DE
Accession: 0001628280-26-046377
Filed: 2026-07-01
Period: 2026-06-26
CIK: 0001046311
SIC: 7011 (HOTELS & MOTELS)
Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
Item: Financial Statements and Exhibits
Documents
8-K — chh-20260626.htm (Primary)
EX-99.1 (chhpressrelease2026-07x01.htm)
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8-K
8-K (Primary)
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chh-20260626
CHOICE HOTELS INTERNATIONAL INC / DE0001046311FALSE00010463112026-06-262026-06-26
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
_____________________________________________________
FORM 8-K
_____________________________________________________
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15 (d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): June 26, 2026
_____________________________________________________
CHOICE HOTELS INTERNATIONAL, INC.
(Exact name of registrant as specified in its charter)
_____________________________________________________
Delaware 001-13393 52-1209792
(State or other jurisdiction
of incorporation) (Commission
File Number) (IRS Employer
Identification Number)
915 Meeting Street 20852
Suite 600
North Bethesda, Maryland
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code (301) 592-5000
_____________________________________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of Each Class Ticker Symbol(s) Name of Each Exchange on Which Registered
Common Stock, Par Value $0.01 per share CHH New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment
of Certain Officers; Compensatory Arrangements of Certain Officers
The Board of Directors (the “Board”) of Choice Hotels International, Inc. (the “Company”) appointed Ali Keshavarz as a director of the Company, effective June 26, 2026, for a term expiring at the 2027 Annual Meeting of Shareholders. No determination has been made as to the committee(s) on which Mr. Keshavarz will serve. As a result of Mr. Keshavarz’s appointment, the size of the Board now consists of twelve directors.
Mr. Keshavarz serves as President and Chief Data & Analytics Officer of CVS Health, where he leads enterprise strategy across data and analytics and is a key leader in the organization's AI strategy across the company’s businesses. He previously served as Chief Analytics Officer for Aetna and CVS Caremark, helping build enterprise data and analytics capabilities at scale. Before joining CVS Health, Keshavarz spent more than a decade at McKinsey, where he advised clients on data-driven transformation and co-founded the firm’s healthcare analytics practice.
As a director, Mr. Keshavarz will receive compensation consistent with that received by the Company’s other non-employee directors, as disclosed in the Company’s definitive proxy statement, filed with the Securities and Exchange Commission on April 22, 2026, in connection with the Company’s 2026 Annual Meeting of Shareholders.
A copy of the press release regarding this announcement is furnished as Exhibit 99.1 hereto.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
99.1 Press Release issued by Choice Hotels International, Inc., dated July 1, 2026
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: July 1, 2026 /s/ Jeff Lobb
Jeff Lobb
Senior Vice President, General Counsel & Secretary
EX-99.1
EX-99.1
Filename: chhpressrelease2026-07x01.htm · Sequence: 2
Document
Exhibit 99.1
For further information: Mediarelations@choicehotels.com
CHOICE HOTELS INTERNATIONAL APPOINTS ARTIFICIAL INTELLIGENCE LEADER
ALI KESHAVARZ TO BOARD OF DIRECTORS
New independent director brings deep expertise in AI and advanced analytics
NORTH BETHESDA, Md., July 1, 2026 — Choice Hotels International, Inc. (NYSE: CHH), one of the world’s leading lodging franchisors, today announced the appointment of Ali Keshavarz, President and Chief Data & Analytics Officer of CVS Health, to its Board of Directors.
“Ali is a highly accomplished leader whose experience and expertise in artificial intelligence will further strengthen our Board as we advance Choice Hotels International’s long-term growth strategy and continue creating value for our franchise owners, guests, and shareholders,” said Stewart Bainum Jr., chairman of the Choice Hotels International Board of Directors.
“Ali offers a proven track record of leading enterprise data, analytics, and AI transformation at scale,” added Dominic Dragisich, interim chief executive officer, Choice Hotels International. “We look forward to benefiting from his unique perspective as we continue to drive growth, improve unit economics for our hotel owners, and leverage the power of AI across the business.”
Keshavarz serves as Chief Data & Analytics Officer of CVS Health, where he leads enterprise strategy across data and analytics and is a key leader in the organization’s AI strategy across the company’s businesses. He previously served as Chief Analytics Officer for Aetna and CVS Caremark, helping build enterprise data and analytics capabilities at scale. Before joining CVS Health, Keshavarz spent more than a decade at McKinsey, where he advised clients on data-driven transformation and co-founded the firm’s healthcare analytics practice. He holds an M.B.A. from Columbia Business School and a B.A. in mathematics and economics from Northwestern University.
About Choice Hotels® Choice Hotels International, Inc. (NYSE: CHH), is one of the largest lodging franchisors in the world, with over 7,500 hotels, representing more than 650,000 rooms, in 51 countries and territories. A wide-ranging portfolio of 22 brands that includes full-service upper upscale, midscale, extended stay, and economy properties enables Choice® to meet travelers' needs in more places and for more occasions while driving more value for franchise owners and shareholders. The award-winning Choice Privileges® rewards program and co-brand credit card options provide members with a fast and easy way to earn reward nights and personalized perks. For more information, visit www.choicehotels.com.
© 2026 Choice Hotels International, Inc. All Rights Reserved
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