Valvoline Inc. announced the election of Patrick Pacious as an independent director to the company’s Board of Directors, effective July 11, 2023, as part of the Board’s ongoing refreshment process.
Pacious will serve as a member of the board’s compensation committee.
Since 2017, Pacious has served as president and chief executive officer of Choice Hotels International Inc., one of the largest and most successful lodging franchisors in the world, with more than 7,400 hotels, according to Valvoline. Before assuming this role, he was president and chief operating officer and served in various other senior leadership positions since joining Choice Hotels in 2005.
“On behalf of Valvoline’s Board of Directors, I am thrilled to welcome Pat to the Board during this exciting time as the Company transitions to a pure-play automotive services company following the recent sale of the Global Products business,” said Richard J. Freeland, chairman of the board. “Pat’s expertise in franchise development and expansion, brand building, acquisitions and technology transformation will be invaluable as the Company executes on its strategy to rapidly expand its retail footprint with an increased emphasis on franchisee unit growth. Through my conversations with Pat, I know he will be a tremendous asset to our Board and management team and look forward to his perspectives on the Company’s expansion.”