Late Apex Partners, an investment firm with a stake in Vail Resorts, requested the replacement of the company's CEO, CFO, and Executive Chairperson.
A Vail Resorts investor made waves in the ski industry this week when he published a scathing report on the company, calling for the resignation of CEO Kirsten Lynch and former CEO Rob Katz,
Shareholder Late Apex Partners said that Vail’s performance over the last five years has been unacceptable and called for major changes in the hospitality company.
Late Apex Partners lobbies for sweeping changes to Vail Resort’s strategy and leadership, including hiring of new CEO
In Breckenridge, about 79 miles west of Denver, employees are without heat and hot water in Vail Resorts-owned employee housing there, leading to many lift operators calling out sick and the Broomfield-based ski giant having to shuffle workers between its resorts in Summit and Eagle counties, Vail Resorts said.
Vail Resorts is Colorado-based. It owns and operates Vail and Beaver Creek in Colorado, Whistler Blackcomb (since 2016), Park City in Utah, Stowe Mountain Resort in Vermont, Heavenly Mountain Resort and Northstar Ski Resort in California and several smaller resorts.
While there have been many close calls over the years, no U.S. ski resort had experienced a strike in more than 50 years—that is, until last last month in
Following a nearly two-week strike from the Park City Professional Ski Patrol Association, another worker strike could be coming down the hill for Vail Resorts.
A skier filed a lawsuit against the company claiming that they were deceitful about a labor strike and the amount of terrain open in Park City.
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The letter from LAP follows significant public backlash towards Vail Resorts that arose during the Park City Mountain, Utah, ski patrol strike. When unionized patrollers walked off the job in ...
A Vail Resorts investor made waves in the ski industry this week when he published a scathing report on the company as a business and called for the resignation of CEO Kirsten Lynch and former CEO Rob Katz,