Hyatt Replaces CFO in Reorg

Gebhard Rainer named hotel chain’s finance chief, replacing Harmit Singh.

Hyatt Hotels Corp., the chain controlled by the Pritzker family, named Gebhard F. Rainer as its new chief financial officer as part of a reorganization.

Rainer, currently managing director of Europe, Africa and the Middle East, will replace Harmit J. Singh on Aug. 15, Chicago-based Hyatt said today in statement. After exiting the CFO post, Singh will serve as an executive vice president through Dec. 31, then leave the company, Hyatt said.

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