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.

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