Summit Hotel CFO Conkling Exits June 15, CEO Stanner Assumes Interim CFO Role
INN•Summit Hotel CFO William Conkling will depart effective June 15, 2026, and remain an advisor through September 30, 2026 to ensure a smooth handover. President and CEO Jonathan Stanner will serve as principal financial officer while the company engages a search firm for a permanent replacement.
1. CFO Departure
Summit Hotel Properties announced that Executive Vice President and CFO William (“Trey”) Conkling will depart on June 15, 2026 for personal reasons. The board confirmed his exit is not due to any disagreement over operations, policies or financial disclosures and expressed appreciation for his five years of service.
2. Interim Financial Leadership
In the interim, President and CEO Jonathan Stanner will assume the duties of principal financial officer in addition to his existing roles. This dual responsibility is designed to maintain continuity in financial oversight until a successor is appointed.
3. Transition and Advisory Role
Conkling will remain available in an advisory capacity through September 30, 2026 to support an orderly transition. The company has engaged a nationally recognized executive search firm to identify and recruit his permanent replacement.
4. Company Portfolio
As of June 12, 2026, Summit Hotel Properties owns 94 lodging assets with 14,226 guestrooms in 24 states, including 52 wholly owned upscale-branded properties under an efficient operating model.
