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Hyatt Hotels

Chairman Thomas Pritzker said Monday that he would retire and renounced his relationship with sex predator Jeffrey Epstein.

Pritzker will leave his post as the hotel chain’s executive chairman — a role he’s held for more than two decades — immediately, he said in a statement released by the Pritzker Organization. The 75-year-old billionaire Hyatt heir said he would not seek reelection to the board at the annual stockholder meeting.

“My job and responsibility is to provide good stewardship. That is important to me,” Pritzker said in the statement. “Good stewardship includes ensuring a proper transition at Hyatt.”