Choice Hotels International Inc. / CHH
A Choice Hotel lobby. (Photo: Shira Yudkoff - washingtonpost.com)
About Choice Hotels International Inc.
10750 Columbia Pike, Silver Spring, Md. 20901
www.choicehotels.com
| 301-592-5000
| Founded: 1968
Industry: Hospitality And Travel | Category: Top 100 Companies
Choice Hotels is a lodging franchisor with about 5,300 hotels worldwide. Its 10 brands are mostly at the cheaper end of the travel spectrum, including Comfort Inn, Quality, Clarion and Econo Lodge. Franchisees run the hotels and pay Choice a fee. As the economy slows, Choice appears well positioned for budget-minded travelers. Also, some independent hotels squeezed for business during downtimes convert to Choice to take advantage of the company's reservations system.
Chairman: Stewart Bainum Jr.
President and future CEO: Stephen P. Joyce
2007 Financial Data
Total employees: 1,760 | Local employees: 411Company Leadership
| Stewart Bainum Jr. | Chairman |
| Fiona Dias | Director |
| William L. Jews | Director |
| Stephen P. Joyce | President, Chief Operating Officer and Director |
| Charles A. Ledsinger | Vice Chairman, Chief Executive Officer |
| Scott A. Renschler | Director |
| John T. Schwieters | Director |
| Ervin R. Shames | Director |
| Gordon A. Smith | Director |
| David Sullivan | Director |
Source: S&P's Capital IQ
|
Charles A. Ledsinger President and CEO |
$5,116,565 Salary: $715,384 |
|
Joseph M. Squeri CFO and EVP, operations |
$2,176,045 Salary: $398,323 |
|
Wayne Wielgus EVP and chief marketing officer |
$1,652,776 Salary: $358,385 |
|
Michael J. DeSantis SVP and General Counsel |
$1,053,017 Salary: $282,731 |
|
Thomas Mirgon SVP, Human Resources and Administration |
$1,019,041 Salary: $309,308 |
Did You Know
SPUN OFF: Choice Hotels was formerly a subsidiary of Manor Care, a nursing-home operator purchased last year by the Carlyle Group.
Meet the CEO
Stephen P. Joyce
Meet Stephen Joyce, president and future CEO of Choice Hotels International.
