Originally Posted by
madipides
I suppose time will tell. Especially with the CEO turnover, there might be a pause in announcing any strategic development, it might be a while. I'm willing to be convinced otherwise!
There’s no CEO turnover. The chairman of the board is retiring, and the CEO is assuming the title of chairman in addition to CEO. If anything, it reinforces the strategic direction and decisions of the CEO. All things considered board turnover is fairly minor in terms of impact on a company like Hyatt.