Vail Resorts CEO Rob Katz to become Executive Chair; CMO Kirsten Lynch to succeed as CEO

VAIL RESORTS INC

CEO Rob Katz transitions to Executive Chair effective Nov 1, 2021; remains a director and employee.
Kirsten Lynch, current EVP & CMO (since 2011), appointed CEO and board member effective Nov 1, 2021.
Lynch receives $1M base salary, 100% target cash bonus, and ~$4.5M annual equity (50% RSUs/50% SARs).
Ryan Bennett promoted from VP of Marketing, Lift Revenue to CMO effective Nov 1, 2021.
Succession described as planned; Lynch previously held senior roles at PepsiCo and Kraft Foods.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Kirsten A. Lynch

member of the Board

MTN · VAIL RESORTS INC

Effective: 2021-11-01
Filed: August 10, 2021, 7:59 PM ET

Ms. Lynch will also be appointed as a member of the Board of the Company, effective as of the Effective Date.

Role change

Robert A. Katz

Executive Chair

MTN · VAIL RESORTS INC

Effective: 2021-11-01
Successor: Kirsten A. Lynch
Filed: August 10, 2021, 7:59 PM ET

Robert A. Katz, Chairman and Chief Executive Officer, plans to transition out of his role as Chief Executive Officer and into the role of Executive Chair effective November 1, 2021

Appointed

Kirsten A. Lynch

Chief Executive Officer

MTN · VAIL RESORTS INC

Effective: 2021-11-01
Filed: August 10, 2021, 7:59 PM ET

Kirsten A. Lynch, Executive Vice President and Chief Marketing Officer, will succeed Mr. Katz as Chief Executive Officer, effective as of the Effective Date.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Kirsten A. Lynch was appointed as member of the Board at VAIL RESORTS INC.

Action: appointed
Role: member of the Board

Exact text from the filing

Ms. Lynch will also be appointed as a member of the Board of the Company, effective as of the Effective Date.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Robert A. Katz changed role as Executive Chair at VAIL RESORTS INC.

Action: transition
Role: Executive Chair

Exact text from the filing

Robert A. Katz, Chairman and Chief Executive Officer, plans to transition out of his role as Chief Executive Officer and into the role of Executive Chair effective November 1, 2021

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Kirsten A. Lynch was appointed as Chief Executive Officer at VAIL RESORTS INC.

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

Kirsten A. Lynch, Executive Vice President and Chief Marketing Officer, will succeed Mr. Katz as Chief Executive Officer, effective as of the Effective Date.

View on SEC.gov

VAIL RESORTS INC filing history →

Source: SEC EDGAR

accession 0000812011-21-000054

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