A billionaire heir to the Hyatt Hotels dynasty resigned from his position as the company’s executive chairman due to his ties to Jeffrey Epstein.
Thomas Pritzker, a cousin of Illinois Gov. J.B. Pritzker and former Secretary of Commerce Penny Pritzker, announced in a letter to the Hyatt board on Monday that he was retiring, effective immediately, and that he would not seek reelection to the company’s board.
“Good stewardship also means protecting Hyatt, particularly in the context of my association with Jeffrey Epstein and Ghislaine Maxwell which I deeply regret,” Pritzker, 75, said in the letter.
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