---
schema_version: "secwatch.filing_event.v1"
accession: "0000812011-21-000054"
form_type: "8-K"
ticker: "MTN"
cik: "0000812011"
company_name: "VAIL RESORTS INC"
filed_at: "2021-08-10T23:59:59+00:00"
generated_at: "2026-06-29T17:36:18.140020+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000812011-21-000054
- form_type: 8-K
- ticker: MTN
- cik: 0000812011
- company_name: VAIL RESORTS INC
- filed_at: 2021-08-10T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/812011/000081201121000054/0000812011-21-000054-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/812011/000081201121000054/mtn-20210810.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000812011-21-000054
- JSON: https://secwatch.observer/filing/0000812011-21-000054.json
- Plain text: https://secwatch.observer/filing/0000812011-21-000054.txt

## Key facts
- Executive change
  Kirsten A. Lynch was appointed as member of the Board at VAIL RESORTS INC.
  - Action: appointed
  - Role: member of the Board
  source text: Ms. Lynch will also be appointed as a member of the Board of the Company, effective as of the Effective Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/812011/000081201121000054/0000812011-21-000054-index.htm
- Executive change
  Robert A. Katz changed role as Executive Chair at VAIL RESORTS INC.
  - Action: transition
  - Role: Executive Chair
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/812011/000081201121000054/0000812011-21-000054-index.htm
- Executive change
  Kirsten A. Lynch was appointed as Chief Executive Officer at VAIL RESORTS INC.
  - Action: appointed
  - Role: Chief Executive Officer
  source text: Kirsten A. Lynch, Executive Vice President and Chief Marketing Officer, will succeed Mr. Katz as Chief Executive Officer, effective as of the Effective Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/812011/000081201121000054/0000812011-21-000054-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.