Tuesday, February 24, 2026
  • About Us
  • Advertise
  • Privacy & Policy
  • Team
  • Contact
The English Chronicle
Advertisement
  • Home
  • Business & Economy
  • Politics
  • Entertainment
  • Sports
  • Science & Technology
  • UK News
  • World News
  • Health
No Result
View All Result
  • Home
  • Business & Economy
  • Politics
  • Entertainment
  • Sports
  • Science & Technology
  • UK News
  • World News
  • Health
No Result
View All Result
The English Chronicle
No Result
View All Result

Hyatt Hotels Chairman Steps Down Over Jeffrey Epstein Ties

1 week ago
in Business & Economy, Law
Hyatt Hotels Epstein ties
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter

Published: 17 February 2026. The English Chronicle Desk. The English Chronicle Online

The chairman of Hyatt Hotels Corporation has resigned following revelations of past associations with Jeffrey Epstein, the convicted financier whose network of abuse and exploitation has prompted global scrutiny. The decision comes amid mounting pressure from shareholders, advocacy groups, and the public, who have demanded accountability from corporate leaders with any connection to Epstein.

Sources familiar with the matter indicate that the chairman had indirect business and social ties to Epstein, dating back several years, which have now come under renewed investigation. While there is no evidence that Hyatt Hotels as a company was directly involved in any wrongdoing, the disclosure has raised ethical concerns regarding corporate governance and the reputational risks associated with leadership connections.

In a statement released by the company, Hyatt Hotels said: “The board of directors has accepted the resignation of our chairman with immediate effect. We remain committed to maintaining the highest standards of ethical conduct, transparency, and accountability across all levels of our organisation.” The company also stressed that its internal review found no operational or financial impropriety linked to Epstein, but acknowledged the importance of public trust and leadership integrity.

The resignation has triggered a wider debate about the responsibilities of corporate leaders whose past associations may conflict with contemporary ethical expectations. Advocates for corporate accountability argue that executives must not only ensure compliance within the business but also exercise personal judgment in avoiding ties that could damage stakeholder confidence.

Shareholders reacted swiftly, with several investment firms welcoming the decision as a necessary step to safeguard the company’s reputation and reassure clients and partners. Analysts suggest that Hyatt’s proactive response may mitigate potential fallout and preserve long-term investor confidence, especially in an industry where brand perception and public trust are critical.

Legal experts note that while the resignation addresses public relations and ethical concerns, ongoing scrutiny of Epstein-related connections continues across multiple sectors. Companies worldwide are evaluating the backgrounds of board members, executives, and consultants to identify any indirect links to Epstein and to ensure compliance with governance best practices.

The hospitality industry, which frequently intersects with high-net-worth individuals and influential networks, has faced heightened attention in recent years regarding associations with Epstein. Hyatt’s response, including the immediate acceptance of the chairman’s resignation, is being viewed as an example of how firms can act decisively when reputational risks arise.

The departing chairman has not publicly commented on the resignation, but insiders suggest the decision was reached in consultation with board members to prevent prolonged controversy and maintain organisational stability. The board is expected to appoint an interim chairman while searching for a permanent replacement who meets the company’s ethical and professional standards.

Observers note that Hyatt Hotels’ swift action contrasts with some other corporations that have faced criticism for delaying responses to similar revelations. By prioritising transparency and accountability, the company aims to reassure stakeholders, including employees, guests, investors, and the wider public, that it takes leadership ethics seriously.

Advocacy groups emphasise that the incident serves as a reminder of the importance of due diligence in corporate governance. They argue that executives’ past associations, even if indirect or social, can have significant consequences for organisational credibility and public perception, particularly in sectors such as hospitality, finance, and high-profile public enterprises.

The resignation is also expected to influence broader discussions in the corporate sector about ethical leadership and the responsibilities of executives in addressing reputational risks proactively. Experts suggest that firms may increasingly implement enhanced vetting processes, background checks, and public disclosure policies to prevent similar controversies in the future.

While the immediate focus remains on Hyatt Hotels’ leadership transition, analysts note that the incident underscores the ongoing impact of the Epstein scandal, which continues to resonate across multiple industries more than a decade after his criminal activities were exposed. Stakeholders and the public are likely to continue monitoring corporate responses closely, evaluating both the substance and timing of remedial actions.

Read More At>>

Related News:

Supreme Court Ruling on Car Finance Scandal Poised to Impact Millions of Motorists and BanksSupreme Court Ruling on Car Finance Scandal Poised to Impact Millions of Motorists and Banks David Lammy Faces Possible Legal Challenge Over Foreign Office Secondment SchemeDavid Lammy Faces Possible Legal Challenge Over Foreign Office Secondment Scheme Published: 08 September '2025. The English Chronicle DeskUK Advertising Watchdog Faces Criticism Over Its Own Campaigns Lucy Powell urged ministers to reconsider costly legal case for Labour donor’s firmLucy Powell urged ministers to reconsider costly legal case for Labour donor’s firm Tories Push to Dilute Labour’s Workers’ Rights BillTories Push to Dilute Labour’s Workers’ Rights Bill Virgin Media Fined £23.8m Over Telecare Safety FailuresVirgin Media Fined £23.8m Over Telecare Safety Failures HMRC Delays Leave Taxpayers Waiting Over a Year for RefundsHMRC Delays Leave Taxpayers Waiting Over a Year for Refunds Study Finds One in Seven England Takeaways Are Dark KitchensStudy Finds One in Seven England Takeaways Are Dark Kitchens Post Office Scandal Compensation Tops £1 Billion as Victims Finally See Justice Trump Administration Dismisses 17 Immigration Judges, Sparking Debate Over Judicial Independence Tensions Unfold in Market Harborough as Asylum Seeker Hotel Sparks Divisive Protests Northern Ireland Family of Three Shot Dead in Maguiresbridge Home IncidentNorthern Ireland Family of Three Shot Dead in Maguiresbridge Home Incident How to Exit Your Broadband Contract Without Paying Exit FeesHow to Exit Your Broadband Contract Without Paying Exit Fees Targeted Attack in Bury Sparks Murder Investigation as Community Awaits JusticeTargeted Attack in Bury Sparks Murder Investigation as Community Awaits Justice Man Remanded After Children Fall Ill at Leicestershire Summer Camp in Shocking Child Cruelty CaseMan Remanded After Children Fall Ill at Leicestershire Summer Camp in Shocking Child Cruelty Case Diageo Faces Profit Slump and Tariff Blow Amid Leadership Crisis Published: 05 August '2025. The English Chronicle Desk Diageo, the world’s leading spirits producer and owner of iconic brands such as Guinness, Johnnie Walker, and Smirnoff, has reported a sharp 28% fall in its annual operating profits. This downturn has been attributed to a combination of internal challenges, shifting consumer habits, and external economic pressures—including a looming $200 million hit from new U.S. tariffs imposed under former President Donald Trump's trade policy. The company, listed on the FTSE 100, is also navigating a leadership transition following the sudden resignation of CEO Debra Crew. Crew’s departure, said to be by mutual agreement, came amid growing concern among investors over the company’s declining share price and overall performance. She had taken charge in 2023 after the unexpected death of long-serving and well-respected CEO Ivan Menezes. Under Crew, Diageo faced multiple setbacks, including sluggish sales in Latin America and supply chain issues that caused a Guinness shortage during last year’s holiday season. Interim CEO Nik Jhangiani, the company’s current CFO, has expanded Diageo’s cost-cutting initiative, increasing the savings target from £500 million to £625 million. While some roles are expected to be cut, Jhangiani emphasized that the overall workforce may still grow as part of a broader restructuring. Despite the challenging year, he pointed to strong performances from certain products such as Guinness, Don Julio tequila, and Crown Royal Blackberry as bright spots in an otherwise underwhelming fiscal report. Compounding its financial concerns, Diageo is bracing for a significant hit from newly enforced U.S. tariffs. The 10% levy on UK-imported spirits, along with a 15% tax on EU imports—while sparing Mexican and Canadian products—is expected to cost the company approximately $200 million annually. These tariffs took effect after the implementation of the UK-US trade agreement on 30 June, with additional EU tariffs set to begin on 7 August. In response, Diageo has ramped up contingency planning, aiming to counter the tariff effects through inventory management, supply chain adjustments, and the reallocation of investments. According to internal projections, these measures could offset up to half of the anticipated financial impact. Despite these efforts, Diageo’s stock has plummeted over 25% since the start of the year, placing it among the poorest performers on the FTSE 100 index. Analysts also point to broader market trends, such as shifting drinking habits among younger consumers and the ongoing cost-of-living crisis, as factors contributing to the public’s growing preference for more affordable, non-premium brands. With a new CEO yet to be named and economic headwinds continuing to buffet the global spirits industry, Diageo stands at a crossroads—needing to stabilize operations, restore investor confidence, and adapt to an evolving market landscape.Diageo Faces Profit Slump and Tariff Blow Amid Leadership Crisis Diane lost her husband to a reckless driver — and the long wait for justice was nearly just as agonizing.Diane lost her husband to a reckless driver — and the long wait for justice was nearly just as agonizing. China’s crackdown on civil servant perks sparks economic concernsChina’s crackdown on civil servant perks sparks economic concerns Rachel Reeves Signals Tax Rises, Spending Cuts AheadChancellor Rachel Reeves Pushes for Sweeping Changes to Environmental Protections to Accelerate Development UK Inflation Holds Steady at 3.8% as Rising Fuel Costs Offset Falling Air FaresInflation Latest: Cost of Living Expected to Rise Again in Key Figures Released Today Merseyside Police Helicopter Crew Cleared After Low-Altitude Pursuit of SuspectMerseyside Police Helicopter Crew Cleared After Low-Altitude Pursuit of Suspect Actor Noel Clarke Arrested at London Home Amid Ongoing InvestigationHigh Court Rules Against Noel Clarke in Libel Case Against Guardian Publisher Retail Sales See Uptick Amid Errors and Delays as ONS Faces ScrutinyRetail Sales See Uptick Amid Errors and Delays as ONS Faces Scrutiny Retail Sales See Uptick Amid Errors and Delays as ONS Faces ScrutinyShein UK Faces Allegations of Shifting Majority of Profits to Singapore to Reduce UK Tax Tanni Grey-Thompson Faces Abuse Over Opposition to Assisted Dying BillTanni Grey-Thompson Faces Abuse Over Opposition to Assisted Dying Bill UK Launches Major Crackdown on Networks Profiting from Online Child Sexual AbuseUK Launches Major Crackdown on Networks Profiting from Online Child Sexual Abuse Big Pharma Investment Freeze Puts UK Life Sciences Sector Under StrainBig Pharma Investment Freeze Puts UK Life Sciences Sector Under Strain Jaguar Land Rover Extends Production Halt Following Cyber-AttackJaguar Land Rover Extends Production Halt Following Cyber-Attack Great Britain’s Energy Operator Commits to Strengthening Grid to Prevent BlackoutsGreat Britain’s Energy Operator Commits to Strengthening Grid to Prevent Blackouts Shabana Mahmood Criticises Nigel Farage Over ‘Dog-Whistle’ Politics Amid Rising Racism ConcernsMahmood Pledges Reform of Modern Slavery Laws After Court Blocks Deportation Appeal UK Government Backs Return of International Rail Travel to Kent StationsUK Government Backs Return of International Rail Travel to Kent Stations GSK Chief Executive Emma Walmsley to Step Down After Eight Years at the HelmGSK Chief Executive Emma Walmsley to Step Down After Eight Years at the Helm No Evidence Found to Substantiate Alleged Rape in Oxfordshire Churchyard, Police ConfirmNo Evidence Found to Substantiate Alleged Rape in Oxfordshire Churchyard, Police Confirm Wetherspoon vows to keep prices low amid soaring energy and tax costsWetherspoon vows to keep prices low amid soaring energy and tax costs Cuts to home insulation funding threaten UK climate goalsUK House Price Growth Slows as Buyers Exercise Caution Ahead of Autumn Budget Digital ID Plans Ignite Debate Over £600m Treasury Tax Boost and Privacy ConcernsDigital ID Plans Ignite Debate Over £600m Treasury Tax Boost and Privacy Concerns Kemi Badenoch Unveils ‘Golden Rule’ to Halve Spending Cuts for Deficit Reduction at Tory ConferenceKemi Badenoch Unveils ‘Golden Rule’ to Halve Spending Cuts for Deficit Reduction at Tory Conference New V-Level qualification to transform post-16 educationNew V-Level qualification to transform post-16 education Real living wage set to rise nearly 7% for UK workers in 2026Real living wage set to rise nearly 7% for UK workers in 2026 Rachel Reeves Faces Pressure to Break Tax Pledge in BudgetReeves Faces Setback as Labour May Miss Homes Target Metal Detectors at Stations ‘Would Make Life Impossible,’ Says MinisterVirgin Trains Moves Closer to Challenging Eurostar Monopoly BBC bosses ‘right to stick by their guns’ against Trump, says ministerTrump’s UK Ambassador Urges North Sea Drilling to Strengthen US Ties Ryanair Chief: UK Economy ‘Doomed’ Under LabourRyanair Chief UK Economy ‘Doomed’ Under Labour French Taxi Driver Cleared in David Lammy Theft Case After Fare DisputeFrench Taxi Driver Cleared in David Lammy Theft Case After Fare Dispute Default ThumbnailM&S Profits More Than Halve After Cyber-Attack King Charles to Lead Nation in Remembrance Sunday ServiceKing Charles to Lead Nation in Remembrance Sunday Service Millionaires group urge Reeves to introduce wealth tax to ‘lift kids of out poverty’Millionaires group urge Reeves to introduce wealth tax to ‘lift kids out of poverty’ UK toy sales up as 'kidults' buy Lego and PokémonFrom Lego to Pokémon: How Adults Are Driving UK Toy Market Growth Trump Urges Herzog to Grant Netanyahu Full PardonTrump Urges Herzog to Grant Netanyahu Full Pardon Major Rent Reform Ends No-Fault Evictions in EnglandMajor Rent Reform Ends No-Fault Evictions in England Federal agents launch immigration crackdown in city of CharlotteTrump Deploys DHS to Charlotte in Major Arrest Operation Canada Passes Carney’s First Budget in Tight Parliamentary VoteCanada Passes Carney’s First Budget in Tight Parliamentary Vote Serial Rapist and Former Cop Found Guilty AgainSerial Rapist and Former Cop Found Guilty Again Man Denies Stealing Bronze Age Gold from MuseumMan Denies Stealing Bronze Age Gold from Museum Runaway driver DNA evidenceRunaway Driver Caught by DNA Evidence National Guard member dies after DC shooting attackUS National Guard Member Killed in DC Shooting Duterte ICC trial 2025ICC to Rule on Duterte’s Provisional Release Tokyo court rules Japan's same-sex marriage banTokyo court rules Japan’s same-sex marriage ban constitutional Starmer Says Labour’s Economic Plan Needs Years to DeliverStarmer Says Labour’s Economic Plan Needs Years to Deliver Historic £100-Weekly Pension Boost Brings Relief for UK MineworkersHistoric £100-Weekly Pension Boost Brings Relief for UK Mineworkers FTSE 100FTSE 100 Hits 10,000: UK Market Celebrates Record Year Metals and mining stocks lift FTSE 100 to record closeMetals and Mining Stocks Lift FTSE 100 to Record Close Woman Jailed for Life After Killing E-Bike Rider in Tragic Mistaken Identity CaseWoman Jailed for Life After Killing E-Bike Rider in Tragic Mistaken Identity Case Default ThumbnailMPs warn AI financial risks threaten UK stability democracyAmerican democracy faces crisis after Trump’s return US dollarUS Dollar Hits Four-Year Low Amid Market Turmoil Amazon layoffsAmazon mistakenly signals new global layoffs to employees water billsHouseholds in England Face Rising Water Bills in April UK New Car Discounts Near £6,000 as Prices Are SlashedUK New Car Discounts Near £6,000 as Prices Are Slashed Dezi FreemanPolice Doubt Fugitive Dezi Freeman Survived Bushland Epstein filesEpstein Files Release Sparks Renewed Outrage Over Withheld Records Australia’s Opposition Coalition Reunites After Rift Pound sinks StarmerPound Sinks and Borrowing Costs Rise as Starmer Fights for Job London Talent DrainLondon Loses Its Grip on Ambitious Young Workers UK clothing firm collapsesMajor UK Clothing Firm Collapses into Administration — 109 Jobs at Risk Telstra AI jobsTelstra AI jobs cuts as automation drive expands full fibreBT Names New Openreach Chief Amid Major Fibre Expansion is dining out dyingIs Dining Out Dying Out? Manchester model for UK growthCould Manchester Lead the UK’s Economic Revival? mandatory driving banMotorists Could Face ‘Mandatory’ Driving Ban for Road Offences Under Tougher Laws

STAY CONNECTED

  • 1000 Fans
  • 450 Followers
  • 600 Subscribers

MOST POPULAR

Russian soldiers executed commanders orders BBC

Russian Troops Executed by Commanders, Soldiers Tell BBC

6 hours ago
British tech AI Pathfinder turmoil

This British Tech Champion Had an £18bn Vision for AI. Now It’s in Turmoil

6 days ago
crown court backlog

David Lammy Lifts Cap to Tackle Crown Court Backlog

6 hours ago
Rape suspect freed from jail in error

Court Error Frees Rape Suspect Who Flees UK

7 hours ago
£7m airline parts fraud

7 hours ago
Trump tariffs

Trump Tariffs Threat Spark UK and EU Alarm

7 hours ago
Load More

About Us

The English Chronicle

The English Chronicle is your trusted source for accurate, timely, and unbiased news. Based in the heart of the digital age, our mission is to deliver well-researched journalism that informs, engages, and empowers readers across the globe.

Address:-
UK Address: Harbour House, Cold Harbour Lane, Rainham, London Borough of Havering, United Kingdom. RM13 9YB

Browse by Category

  • Africa
  • Agriculture
  • Ai and Innovation
  • Arts And Culture
  • Asia Pacific
  • Australia News
  • Business & Economy
  • Canada News
  • Child Health
  • Climate Change
  • Cricket
  • Crime
  • Defence And Military
  • Economics
  • Education
  • Entertainment
  • Environment
  • Europe
  • Finance
  • Food
  • Health
  • History
  • Hobbies
  • Human Rights
  • innovation
  • International
  • Investigative Stories
  • Latest
  • Law
  • Life & Society
  • Market
  • Medical Innovation
  • Middle East
  • Natural Disaster
  • Politics
  • Premier League
  • Public Safety
  • Religion
  • Retail
  • Retail
  • Road Safety
  • Royal Family
  • Science & Technology
  • Scotland and Highlands
  • Showbiz
  • Sports
  • Tech News
  • Tourism and Economy
  • Trade
  • Transport
  • Travel
  • UK News
  • US News
  • Violence
  • Wales News
  • War and Conflict
  • Weather
  • World News
Trump resorts.

Trump’s Resorts as Political Power Hubs Raise Ethical Questions

2 hours ago
missing woman

Missing North Carolina Woman Found Alive After 24 Years

2 hours ago
Nigeria wedding

‘The optics are terrible’: Nigerian wedding shines amid ongoing violence

2 hours ago
Syrian camp

Australian Women in Syrian Camp Offer Separation Deal

3 hours ago
  • About Us
  • Advertise
  • Privacy & Policy
  • Team
  • Contact

© 2025 The English Chronicle.

No Result
View All Result
  • Home
  • Business & Economy
  • Politics
  • Entertainment
  • Sports
  • Science & Technology

© 2025 The English Chronicle.