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Vail Resorts' CEO To Step DownJanuary 31, 2006 By: Travel Agent Central Contributor Travel Agent
Vail Resorts has announced that Adam Aron, the company's chairman and CEO, will resign effective June 28, which marks his 10th anniversary of taking the helm. The company said that Aron will work closely with the board of directors to ease the transition, and that it will immediately begin an internal and external search for Aron's successor. Said Aron in a statement: "My continued commitment to Vail Resorts runs deep, as does my affection for the Vail Valley where I have lived for a decade." In another statement released by the company, Robert Katz, its lead director, praised Aron's accomplishments, which include overseeing several improvements and expansions to its resorts. Vail Resorts owns four ski resorts in Colorado and one in California/Nevada, along with the RockResorts hotel company. (FF)