UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 7, 2017
PLAYA HOTELS & RESORTS N.V.
(Exact Name of Registrant as Specified in Charter)
The Netherlands | 1-38012 | Not Applicable | ||
(State or Other Jurisdiction of Incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification No.) | ||
Prins Bernhardplein 200 1097 JB Amsterdam, the Netherlands |
Not Applicable | |||
(Address of Principal Executive Offices) | (Zip Code) |
Registrants telephone number, including area code: Tel: +31 20 808108
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☒
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On August 7, 2017, Playa Hotels & Resorts N.V. (the Company) announced that on August 7, 2017, the Company appointed Brandon Buhler as Chief Accounting Officer, effective August 7, 2017.
Mr. Buhler, age 39, joined the Companys predecessor in early 2014 as Director of Financial Reporting and has been responsible for managing the Companys corporate accounting, financial systems, internal controls, financial reporting and technical accounting functions. Prior to joining the Company, Mr. Buhler worked as an auditor at Deloitte for over ten years. Mr. Buhler was recently recognized as one of the Washington D.C. regions Top Accounting Executives in 2017 by RecognizeDC. Mr. Buhler holds both a Bachelor of Science in accounting and a Masters in accountancy from the Marriott School of Management at Brigham Young University, and is a Certified Public Accountant (CPA) and a member of the American Institute of CPAs.
There are no family relationships between Mr. Buhler and any director, executive officer or person nominated or chosen by the Company to become a director or executive officer and except for compensation paid to Mr. Buhler for his service as an employee of the Company, there have been no transactions between Mr. Buhler or any of his immediate family members and the Company or any of its subsidiaries.
Item 9.01 | Financial Statements and Exhibits. |
(d) | Exhibits. |
Exhibit No. |
Description | |
99.1 | News release issued by Playa Hotels & Resorts N.V. on August 7, 2017. |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
PLAYA HOTELS & RESORTS N.V. | ||||||
Date: August 7, 2017 | By: | /s/ Ryan Hymel | ||||
Ryan Hymel | ||||||
Chief Financial Officer |
EXHIBIT INDEX
Exhibit No. |
Description | |
99.1 | News release issued by Playa Hotels & Resorts N.V. on August 7, 2017. |
Exhibit 99.1
FOR IMMEDIATE RELEASE
PLAYA HOTELS & RESORTS ANNOUNCES PROMOTION OF
BRANDON BUHLER TO CHIEF ACCOUNTING OFFICER
Fairfax, VA, August 7, 2017 Playa Hotels & Resorts N.V., (NASDAQ: PLYA), announced today the promotion of Brandon Buhler to the position of Chief Accounting Officer.
Mr. Buhler has been with Playa for over 3 years, most recently as Corporate Controller. He has more than ten years experience working in the financial services sector, having begun his career with Deloitte in corporate auditing.
In his new role as Chief Accounting Officer, Mr. Buhler will be responsible for leading the Companys corporate accounting, financial systems, internal controls and financial reporting.
We are pleased to recognize Brandons contributions and expanding role as we execute Playas strategic plans for expansion of our portfolio of all-inclusive resorts, said Ryan Hymel, CFO of Playa Hotels & Resorts.
Brandon holds a Bachelor of Science in Accounting and a Masters in Accountancy from the Marriott School of Management at Brigham Young University, and is a Certified Public Accountant (CPA). He is also a member of the American Institute of CPAs and was recently recognized as one of Washington D.C.s Top Accounting Executives by RecognizeDC.
For more information about Playa Hotels & Resorts, visit PlayaResorts.com.
About Playa Hotels & Resorts
Playa Hotels & Resorts N.V. (Playa) is a leading owner, operator and developer of all-inclusive resorts in prime beachfront locations in popular vacation destinations in Mexico and the Caribbean. Playa owns a portfolio consisting of 13 resorts (6,130-rooms) located in Mexico, the Dominican Republic and Jamaica. Playa owns and manages Hyatt Zilara and Hyatt Ziva Cancun, Hyatt Zilara and Hyatt Ziva Rose Hall Jamaica, Hyatt Ziva Puerto Vallarta and Hyatt Ziva Los Cabos. The company also owns and operates three resorts under Playas brands, THE Royal and Gran, as well as five resorts in Mexico and the Dominican Republic that are managed by a third party.
Forward-Looking Statements
Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as may, could, expect, intend, plan, seek, anticipate, believe, estimate, predict, potential, continue, likely, will, would and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially are discussed in the Companys filings with the U.S. Securities and Exchange Commission. We caution you not to place undue reliance on any forward-looking statements, which are made as of the date of this press release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable laws. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.
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Media Contact:
Amy Zocchi
Playa Hotels & Resorts
845.358.3920 x19
azocchi@playaresorts.com