Tom Pritzker, executive chairman of Hyatt Hotels, has resignedfollowing the release of U.S. Justice Department files revealing his association with convicted sex offender Jeffrey Epstein. Pritzker, who has led Hyatt since 2004, confirmed on Monday that he will also not stand for re-election to the company's board.
In a statement, he expressed regret for maintaining contact with Epstein and Ghislaine Maxwell, saying he had exercised 'terrible judgement' and acknowledging there was 'no excuse for failing to distance myself sooner'. The resignation comes amid growing global scrutiny of elite figures linked to Epstein.
The recently released files indicate that Pritzker maintained recurring contact with Epstein even after the financier'scontroversial 2008 plea dealfor procuring a minor for prostitution. In one instance in 2018, Epstein enlisted Pritzker to assist with reservations for a woman reportedly travelling with him.
An email from the woman stated, 'Going to try to find a new girlfriend for Jeffrey'. Pritzker replied with 'May the Force be with you', accompanied by a smiley face emoji.
The files place Pritzker among several prominent figures whose connections with Epstein have led to public and professional repercussions.
Economist Larry Summerswas previously banned for life from the American Economic Association due to his ties to Epstein, whileSultan Ahmed bin Sulayem, head of the global port operator DP World, was replaced after scrutiny of his relationship with the financier.
Hyatt's board has acted swiftly, naming Mark Hoplamazian, president and chief executive officer of Hyatt, as chairman of the board effective immediately. The move seeks to ensure continuity and stability within the company while distancing corporate leadership from Pritzker's controversial associations.
The revelations highlight ongoing concerns over the accountability of corporate leaders with links to high-profile criminal networks. Public and media attention is increasingly focused on elite figures who maintain personal or professional relationships that may carry reputational risk.
The Pritzker Organisation, which manages the family fortune and investments, has been contacted for comment but has not issued a public statement beyond Pritzker's resignation.
Pritzker's resignation follows the disclosure of files by the U.S. Justice Department detailing Epstein's extensive network of business and cultural elites.
Source: International Business Times UK
