Summit Hotel Properties, Inc. announced that William Conkling will resign as Executive Vice President and Chief Financial Officer effective June 15, 2026. The departure is not due to any disagreements regarding company operations or financial disclosures. Under a separation agreement, Conkling will provide consulting services from June 16, 2026, through September 30, 2026, for a monthly fee of $25,000. Jonathan Stanner, the current President and Chief Executive Officer, will assume the role of principal financial officer on June 15, 2026, without additional compensation. The company is a real estate investment trust operating in the hospitality industry.