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Haggerty has been with Hyatt since 2007 when he joined the company as Global Head of Real Estate and Development, overseeing the global development, feasibility and development finance and asset management teams. It is not the sense of the Board that in every instance the Directors who retire or have a change in responsibility from the position they held when they came on the Board should necessarily leave the Board. S. corporations, boards of directors are largely chosen by the President/CEO and the President/CEO often takes the Chair of the Board position for him/herself (which makes it much more difficult for the institutional owners to "fire" him/her).
Publisher: Palgrave Macmillan (November 28, 2006)
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