Hyatt Hotels Corp. executive vice president and global president of operations Chuck Floyd will step down from his position effective Jan. 1, 2024, and begin a transition to retirement, the hotel company announced Tuesday.
Floyd will assume the role of senior advisor to Hyatt president and CEO Mark Hoplamazian for a "period of six months," according to Hyatt. Floyd will effectively retire from the company June 30, 2024, according to Hyatt.
Floyd has been with Hyatt for more than four decades, according to Hoplamazian, who called Floyd's tenure with the company "nothing short of legendary," in a statement. Floyd was named global president of operations in 2014.
Following Floyd's transition to senior advisor in 2024, regional group presidents will report directly to Hoplamazian, the company said.