"My job and responsibility is to provide good stewardship Good stewardship includes ensuring a proper transition at Hyatt. Good stewardship also means protecting Hyatt, particularly in the context of my association with Jeffrey Epstein and Ghislaine Maxwell which I deeply regret. I exercised terrible judgment in maintaining contact with them, and there is no excuse for failing to distance myself sooner. I condemn the actions and the harm caused by Epstein and Maxwell and I feel deep sorrow for the pain they inflicted on their victims."
"Files released by the US Department of Justice showed that Pritzker, 75, was in regular contact with Epstein after his 2008 plea deal for procuring a minor for prostitution."
"The board named Mark Hoplamazian, the current president and chief executive at Hyatt, to succeed Pritzker as chair effective immediately."
Thomas Pritzker stepped down as executive chair of Hyatt after files showed regular contact with Jeffrey Epstein following Epstein's 2008 plea deal. Pritzker, 75, said he exercised terrible judgment in maintaining contact with Epstein and Ghislaine Maxwell and deeply regretted the association. He will not stand for re-election and the board named CEO Mark Hoplamazian to succeed him as chair effective immediately. Pritzker said his responsibility includes ensuring a proper transition and protecting Hyatt. He condemned Epstein's and Maxwell's actions and expressed sorrow for their victims. The revelations have prompted other senior figures to resign.
Read at www.theguardian.com
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