Vail Resorts Appoints John T. Redmond to Company's Board of Directors
BROOMFIELD, Colo., March 13 /PRNewswire-FirstCall/ -- Vail Resorts
(NYSE: MTN) today announced the appointment of John T. Redmond to the
Company's Board of Directors, effective immediately.
For more than two decades, Mr. Redmond has held various senior
executive positions with MGM Mirage and in the casino industry. From
2001-2007, Mr. Redmond was president and chief executive officer of MGM
Grand Resorts, based in Las Vegas, Nev. Prior to this position, Mr. Redmond
was co-chief executive officer of MGM Mirage in Las Vegas and held other
positions within the company such as president and chief operating officer
of The Primadonna Company and senior vice president of MGM Grand
Development, Inc.
Commenting on Mr. Redmond's appointment to the Company's eight-person
board, Vail Resorts Chief Executive Officer Rob Katz said, "I'm delighted
to have someone with John Redmond's business acumen and experience with the
resort and hospitality business join our board of directors. I know that
his distinguished background will serve both our Company and shareholders
well."
Mr. Redmond worked at Caesars from 1985 to 1995 in such capacities as
senior vice president and chief financial officer of Caesars Palace and
Sheraton Desert Inn; senior vice president of finance for Caesars World
Gaming Development Corporation; and controller of Caesars Palace. He was
the senior agent in the Nevada State Gaming Control Board's Audit Division
from 1980 to 1985.
A graduate of the University of San Diego, Mr. Redmond is a member of
the American Institute of Certified Public Accountants and the Nevada
Society for Certified Public Accountants.
About Vail Resorts
Vail Resorts, Inc. is the leading mountain resort operator in the
United States. The Company's subsidiaries operate the mountain resorts of
Vail, Beaver Creek, Breckenridge and Keystone in Colorado, Heavenly in
California and Nevada, and the Grand Teton Lodge Company in Jackson Hole,
Wyo. The Company's subsidiary, RockResorts, a luxury resort hotel company,
manages casually elegant properties across the United States and Caribbean.
Vail Resorts Development Company is the real estate planning, development
and construction subsidiary of Vail Resorts, Inc. Vail Resorts is a
publicly held company traded on the New York Stock Exchange (NYSE: MTN).
The Vail Resorts company website is http://www.vailresorts.com and consumer
website is http://www.snow.com.
SOURCE Vail Resorts
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