Vail Resorts Announces Leadership Transition

Leadership Transition - Rob Katz has been appointed as the CEO of Vail Resorts, succeeding Kirsten Lynch, who has stepped down from the role [1][2] - Katz has a strong track record with over 30 years at Vail Resorts, including 16 years as CEO, and is expected to drive innovation and consistent performance [2][5] - Kirsten Lynch will remain in an advisory role during the transition period and has been recognized for her contributions over her 14-year career with the company [2][3] Fiscal 2025 Outlook - The company reaffirms its fiscal 2025 guidance, expecting Resort Reported EBITDA to be in the lower half of the previously issued guidance range, excluding one-time costs related to the CEO transition [3][4] - Early season pass sales results are consistent with trends provided in the April metrics release, indicating stable demand [4] Company Overview - Vail Resorts operates a network of premier ski resorts, including Vail Mountain, Breckenridge, and Whistler Blackcomb, among others, and is committed to sustainability with a goal of achieving a zero net operating footprint by 2030 [7] - The company also manages a collection of hotels and retail locations across North America, enhancing its service offerings to guests [7]