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Stock impact report

Billionaire Hyatt chair Thomas Pritzker steps down after Epstein fallout [Business Insider]

Hyatt Hotels Corporation Class A (H) 
Last hyatt hotels corporation class a earnings: 2/19 04:30 pm Check Earnings Report
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in Thomas Pritzker said he is retiring as Hyatt's executive chairman on Monday. Pritzker cited poor judgment over his ties to Jeffrey Epstein and Ghislaine Maxwell. Mark Hoplamazian, Hyatt's CEO, was appointed chairman. Thomas Pritzker is stepping down as executive chairman of Hyatt Hotels Corporation, saying that he "exercised terrible judgment" in maintaining contact with Jeffrey Epstein and Ghislaine Maxwell. The 75-year-old billionaire said he is retiring effective immediately and will not seek reelection to Hyatt's board at its 2026 annual meeting, the company said on Monday. The decision comes amid renewed scrutiny of prominent business leaders over past ties to Epstein, years after the financier's 2019 death in federal custody and following the latest public release of Epstein-related documents. In a statement published alongside a Show less Read more
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