leadership
confidence high
sentiment neutral
materiality 0.75
Vail Resorts reappoints Rob Katz CEO; Lynch departs; FY2025 EBITDA in lower half of guidance
VAIL RESORTS INC
- Rob Katz returns as CEO effective May 22, 2025; he previously served as CEO from 2006-2021 and as Executive Chair.
- Kirsten Lynch steps down as CEO and director; she will serve as strategic advisor through Sep 26, 2025.
- Company reaffirms FY2025 guidance but expects Resort Reported EBITDA in lower half of prior range (excluding transition costs).
- Early season pass sales through May 26 consistent with trends from April 24 metrics release.
- Lynch receives severance benefits per employment agreement; no specific dollar amount disclosed.
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