BROOMFIELD, Colo.—Oct. 2, 2008—Vail Resorts, Inc. (NYSE: MTN) today announced that three senior-level executives have been promoted within the Company. John Garnsey and Blaise Carrig have been promoted to co-presidents of the Mountain Division, while Stan Brown has been promoted to president of the Lodging Division, all effective immediately.

As co-presidents of the Company’s Mountain Division, Garnsey and Carrig together will be responsible for oversight of the entire division. Garnsey remains chief operating officer of Beaver Creek Resort and has direct oversight of Vail Mountain. Carrig remains chief operating officer of Heavenly and has direct oversight for both Breckenridge Ski Resort and Keystone Resort. Stan Brown becomes president of the Company’s Lodging Division with direct oversight of the luxury RockResorts hotel collection; Vail Resorts Hospitality, which includes all other owned and managed hotels and condominium properties; Grand Teton Lodge Company; and the Company’s golf operations.

“John, Blaise and Stan have been integral to the success that we have had in both the Mountain and Lodging Divisions, and have been critical leaders for our Company as a whole and key partners in driving the financial performance we have delivered,” said Rob Katz, chief executive officer of Vail Resorts. “I am confident they will continue to identify innovative ways to provide exceptional experiences for our guests, operate their divisions with great efficiency and drive strong financial results for the Company in the years to come,” he added.

Tags: blaise Carrig, john garnsey, vail resorts

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