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Playa Hotels & Resorts appoints interim nonexecutive director

Playa Hotels & Resorts NV's board named Richard Fried an interim nonexecutive director, effective Dec. 31.

Fried, who will hold office until the company's 2018 annual general shareholder meeting, replaces Stephen Millham, who is resigning effective Dec. 31. Millham's departure was not due to any disagreement with the company, according to a filing.

Fried is a managing member and head of the real estate group at Farallon Capital Management LLC. He also serves on the board of Hudson Pacific Properties Inc.