Vail Resorts CEO Rob Katz Donates $1.5-Million to Children’s Charities Surrounding Vail Locations Vail Resorts CEO, Rob Katz, and his wife, Elana Amsterdam, New York Times bestselling author and founder of Elanaโs Pantry, today shared the grant recipients of their previously announced $1.5 million donation to support youth organizations in cities surrounding Vail Resortsโ locations. Each of the 14 nonprofits receiving grants work to strengthen communities and support youth of color in urban […] Industry News SnowBrains | August 24, 2020 0 Comments
Vail Mountain, CO Plans to Open on Time and With Full Terrain and Lifts This Season, Conditions Permitting At this time, Vail Mountain plans to open the ski resort on time with full terrain and lifts this season, conditions permitting, according to Vail Daily.ย Related: $57.25-Million Mansion Becomes Most Expensive Home Ever Sold in Vail, CO Vail Mountain Chief Operating Officer Beth Howard recently told Vail Daily that operations this summer have given the company important insights into […] Industry News SnowBrains | August 14, 2020 0 Comments
Vail Resorts’ CEO Posts Open Letter About Next Season | Face Coverings Will Not Be Optional Yesterday, we posted an open letter from Aspen Skiing Co. CEO Mike Kaplan who outlined his thoughts and expectations for the upcoming winter. Today it’s the turn of Vail Resorts’ CEO, Rob Katz. Related: CEO of Aspen Skiing Co. Offers Look at Next Season | Expect โAnnoyingโ Procedural Changes While Kaplan focused very much on operational changes for the upcoming […] Industry News SnowBrains | July 30, 2020 6 Comments
Vail Resorts CEO Donates $11.7 Million to Support COVID-19 Efforts, Racial Justice Reform and Youth Access Vail Resorts, Inc. announced yesterday that Chairman and Chief Executive Officerย Rob Katzย has exercised stock appreciation rights (SARs), that were set to expire in 2021, and will be making a charitable donation of 100 percent of the proceeds received.ย Based on the market price on the date of exercise ofย $194.74 per share, the donation is equal to approximatelyย $11.7 million. ย After withholding […] Industry News SnowBrains | June 11, 2020 0 Comments
Rob Katz, Vail Resorts CEO Addresses Current Racial Unrest | Admits Personal Failings in Addressing ‘Overwhelmingly White’ Sport Vail Resorts CEO Rob Katz sent a letter to employees on Tuesday saying โwe are part of the problemโ in reference to the murder of George Floyd in Minneapolis and the week of protests and unrest across the nation, and the world. Having been around our industry for close to 30 years and CEO of Vail Resorts for the past […] Industry News SnowBrains | June 4, 2020 4 Comments
Vail Resorts Will Not Reopen Any Resorts For Skiing This Spring | Summer Operations Will Begin Late June/Early July Vail Resorts CEO Rob Katz sent the following email to employees yesterday morning regarding the companyโs approach to reopening its resorts and businesses in this new environment. In a letter to employees yesterday, Vail Resorts CEO Rob Katz revealed the company’s plans for reopening its resorts and businesses in the coming weeks and months. First the bad news; no Vail […] Industry News SnowBrains | May 22, 2020 1 Comment
Vail Resorts Terminates Employee Responsible for Beaver Creek, CO Protest Sign The man responsible for placing a protest sign in front of the Beaver Creek, CO snowstake webcam has been fired by his employers, Vail Resorts reports the Vail Daily. Related: Angry Vail Resorts Employee Places Sign In Front of Beaver Creek, CO Webcam The sign was placed there by Tim McMahon on Friday 27th March in protest to a letter […] Industry News SnowBrains | April 22, 2020 0 Comments
The Hardest Hit Companies of the COVID-19 Economic Crisis : ‘BEACH’ Stocks The COVID-19 pandemic has spread to over 100 countries and governments everywhere are implementing strict travel restrictions. As a result, “Beach” stocks, companies in the entertainment and travel sectors, have seen a $332 billion market loss in the past month, Visual Capitalist reports. Beach stocks are companies involved with: Booking Entertainment & live events Airlines Cruises and Casinos Hotels & […] Brains The Brains | April 7, 2020 0 Comments