Pritzker steps down as Hyatt executive chairman, effective immediately, due to his relationship with the late sex offender.

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Billionaire Thomas J Pritzker has announced that he is retiring as executive chairman of Hyatt Hotels Corporation over his long association with sex offenders Jeffrey Epstein and Ghislaine Maxwell, which came to light in recently released US Justice Department files.

Pritzker, 75, who has served in the role of Hyatt Hotels’ executive chairman since 2004, also said on Monday that he will not seek re-election to the company’s board at its 2026 annual stockholder meeting.