January 18, 2018 / 3:30 PM / in 5 months

BRIEF-Hyatt Configures Organization To Accelerate Growth

Jan 18 (Reuters) - Hyatt Hotels Corp:

* HYATT CONFIGURES ORGANIZATION TO ACCELERATE GROWTH

* HYATT HOTELS CORP SAYS WILL REALIGN ITS CORPORATE LEADERSHIP TEAM AND OPERATIONS AND CHANGES ARE EXPECTED TO BE COMPLETED IN Q2 OF 2018

* ALSO CONSOLIDATING MANAGED AND FRANCHISED HOTEL OPERATIONS AND OWNER RELATIONS INTO ONE PORTFOLIO​

* LEGAL AND CORPORATE SERVICES PORTFOLIO IS ALSO BEING REALIGNED UNDER NEW LEADERSHIP​

* TO FORM NEW COMMERCIAL SERVICES PORTFOLIO AT EXECUTIVE COMMITTEE LEVEL

* AS A PART OF REALIGNMENT, TWO EXECUTIVES HAVE DECIDED TO TRANSITION OUT OF HYATT LATER IN 2018

* TO COMBINE GUEST AND CUSTOMER ENGAGEMENT UNDER NEW CHIEF COMMERCIAL OFFICER

* MARYAM BANIKARIM’S AND STEVE HAGGERTY’S POSITIONS WILL BE ELIMINATED UPON THEIR DEPARTURES​

* GLOBAL CMO MARYAM BANIKARIM AND GLOBAL HEAD OF CAPITAL STRATEGY, FRANCHISING AND SELECT SERVICE STEVE HAGGERTY TO LEAVE CO

* ‍HAGGERTY WILL REMAIN AT HYATT AS A SPECIAL ADVISOR TO CEO THROUGH JULY​ Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below