It started with reputational damage, now it’s resignations all around: will we see prosecutions and convictions?
The Executive Chairman of Hyatt Hotels, Tom Pritzker, will retire from his position and won’t stand for reelection to its board.
He said that the reason is his association with the late pedophile Jeffrey Epstein.
Bloomberg reported:
“’My job and responsibility is to provide good stewardship. That is important to me. Good stewardship includes ensuring a proper transition at Hyatt’, Pritzker said in a news release on Monday from the Pritzker Organization.
[…] In a letter to the board cited in the news release, Pritzker doesn’t mention Epstein but says he will turn 76 in June and that he is ‘very confident that Hyatt has built the strength and agility to carry on and thrive’.”