Hilton Grand Vacations Inc., the timeshare company spun off from Hilton Worldwide Holdings Inc., fired CFO James E. Mikolaichik, saying he exhibited behavior violating company rules.

Mikolaichik was terminated effective Friday “for conduct and behavior not consistent with the company's policies,” the company said in a statement. The firing “was not related to any issues involving the company's business, strategy, operations, performance, financial reporting, or internal controls.” The company said it's started a nationwide search for a new CFO.

Erin Pagan, a representative for Hilton Grand Vacations, didn't immediately respond to a request for comment on the specific reason for the firing. Mikolaichik, 47, didn't respond to a message sent on LinkedIn.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.