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Posted 16 September, 2022

Hyatt Hotels Corp appointed new CEO

CEO Change detected for ticker NYSE:H in a 8-K filed on 16 September, 2022.


  On September 12, 2022, Hyatt Hotels Corporation (the "Company") was notified by Alejandro Reynal, Executive Vice President, Chief Executive Officer of Apple Leisure Group, of the Company that he will step down from his role at the Company, effective September 30, 2022, to pursue another professional opportunity.  

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Overview of Hyatt Hotels Corp
Leisure/Arts/Hospitality • Hotels
Hyatt Hotels Corp. engages in the development and management of resort and hotel chains. It operates through the following segments: Management and Franchising, Owned and Leased, and Distribution. The Management and Franchising segment provides management, franchising, and hotel services, or the licensing of intellectual property to businesses. The Owned and Leased segment is involved with owned and leased hotel properties located predominantly in the United States but also in certain international locations. The Distribution segment refers to the distribution and destination management services offered through ALG Vacations, and the boutique and luxury global travel platform offered through Mr. & Mrs. Smith. The company was founded by Thomas Jay Pritzker in 1957 and is headquartered in Chicago, IL.
Market Cap
$13.4B
View Company Details
Hyatt Hotels Corp by TradingView
Relevant filing section
Item 5.02 
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. 


On September 12, 2022, Hyatt Hotels Corporation (the "Company") was notified by Alejandro Reynal, Executive Vice President, Chief Executive Officer of Apple Leisure Group, of the Company that he will step down from his role at the Company, effective September 30, 2022, to pursue another professional opportunity. Mr. Reynal's resignation is not a result of any disagreement with the Company related to the Company's business, operations, financial performance, financial reporting or internal controls. Following Mr. Reynal's departure, Mark Hoplamazian, President and Chief Executive Officer of the Company, will assume leadership of Apple Leisure Group, effective October 1, 2022, and will be assisted by Ray Snisky, Group President ALG Vacations, who will take on additional responsibilities related to the business coordination and other operational matters, effective October 1, 2022. The Company announced the foregoing leadership changes in a press release issued on September 16, 2022, and a copy of the press release is attached as Exhibit 99.1 to this Form 8-K. 

On September 9, 2021, the Company filed a Current Report on Form 8-K under Item 5.02 disclosing that Dion Camp Sanders was appointed to the Board of Directors of the Company (the "Board"), effective September 8, 2021. At the time of that filing, Mr. Sanders' committee appointments had not yet been determined by the Board. On September 15, 2022, the Board appointed Mr. Sanders to the Audit Committee of the Board, effective September 15, 2022.