Thomas Pritzker's Hyatt Exit Follows Scrutiny Over Jeffrey Epstein Associations

Thomas Pritzker resigned as executive chairman of Hyatt following revelations about his past association with Jeffrey Epstein and Ghislaine Maxwell.The 75-year-old billionaire acknowledged exercising "terrible judgment" and stated his departure was necessary to protect the hospitality brand.Mark Hoplamazian will succeed him as chairman while other figures like Larry Summers and Brad Karp also step down from high-profile roles.This leadership change follows the release of DOJ files detailing social connections and email exchanges with the disgraced financier.