Billionaire Hyatt chair Thomas Pritzker steps down after Epstein fallout

Thomas J Pritzker

Scott Olson/Getty Images

• Thomas Pritzker said he is retiring as Hyatt's executive chairman on Monday.
• Pritzker cited poor judgment over his ties to Jeffrey Epstein and Ghislaine Maxwell.
• Mark Hoplamazian, Hyatt's CEO, was appointed chairman.

Thomas Pritzker is stepping down as executive chairman of Hyatt Hotels Corporation, saying that he "exercised terrible judgment" in maintaining contact with Jeffrey Epstein and Ghislaine Maxwell.

The...