CHICAGO— Hyatt announced a restructuring today that merges its domestic and international hotel businesses as part of the companys Global Hyatt initiative. The initative was spurred in large part by an agreement finalized last year among 11 Pritzker cousins to divide their $15 billion empire among them. As such, Doug Geoga has been appointed as president of Hyatt Corp. and AIC Holding Co., the parent of Hyatt International. In his new role, Geoga will be responsible for directing the Global Hyatt initiative. He will report to Tom Pritzker, chairman/CEO of Hyatt Corp. and AIC Holding Co. Scott Miller, who had served as president of Hyatt Hotels, will now serve as vice chairman of Hyatt Hotels, where he will act as an advisor to the Global Hyatt program. Steve Goldman was named evp/development and acquisitions of both Hyatt Hotels and AIC; Thomas Otoole was named svp/strategy and systems of Hyatt Hotels and AIC; and Kirk Rose was named svp/finance of both companies. Bernd Chorengel, will continue to serve as president of Hyatt International Corp., and a member of the board of directors of Hyatt International. He will also become a board member of Hyatt Hotels Corp.
