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Loews Hotels said on Tuesday that Jonathan Tisch will resume the duties of CEO for the company after the departure of Kirk Kinsell, effective immediately, according to Dow Jones.
Kinsell told the New York City-based investment company of his decision to resign for personal reasons, the report said. It also said Tisch will continue to serve as chairman of Loews Hotels and co-chairman of the board for Loews Corporation.
Kinsell has spent nearly two years as the company's president and CEO. His departure comes ahead of the company's third-quarter earnings report at the end of the month.
A spokesperson did not immediately respond to CNBC's request for comment.
This story is developing. Please check back for further updates.
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