NYSE:HHospitality
Hyatt Confronts Reputational Risk As Pritzker Exits And CEO Becomes Chair
Hyatt Hotels (NYSE:H) announced the immediate retirement of executive chairman Thomas J. Pritzker and his resignation from the board.
Pritzker cited regret over his past association with Jeffrey Epstein and concerns about the impact on Hyatt's reputation.
The board moved quickly to appoint CEO Mark S. Hoplamazian as chairman, consolidating leadership roles.
Hyatt Hotels, known for its global portfolio of hotel and resort brands, now faces an important leadership reset at the board level...