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Stan Brown Leaving Vail Resorts

May 22, 2009 (FinancialWire) — If you’ve always wanted to be the president of the hospitality division of Vail Resorts, Inc. (NYSE: MTN), now is the time to dust off that resume.

Stan Brown is leaving his position as president of the company’s RockResorts and Vail Resorts Lodging units, effective June 19. Until the company finds a new president of its hospitality division, company CEO Rob Katz will oversee operations of RockResorts and Vail Resorts Lodging.

Brown is leaving Vail Resorts to become chief operating officer of Holiday Retirement, a senior housing provider with 300 independent retirement communities across North America.

He was appointed executive vice president and chief operating officer of RockResorts and Vail Resorts Hospitality in June 2007 and became president in October 2008.

Broomfield, Colorado-based Vail Resorts is a mountain resort operator whose subsidiaries operate the mountain resort properties of Vail, Beaver Creek, Breckenridge and Keystone mountain resorts in Colorado, the Heavenly Ski Resort in the Lake Tahoe area of California and Nevada, and the Grand Teton Lodge Company in Jackson Hole, Wyoming.

The company’s RockResorts subsidiary is a luxury resort hotel firm that manages properties across the United States and the Caribbean. Its Vail Resorts Development unit is the real estate planning, development and construction subsidiary.

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