UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 OR 15(d) of the Securities Exchange Act of
1934
Date of
report (Date of earliest event reported): March 30,
2010
Vail Resorts,
Inc.
(Exact
Name of Registrant as Specified in Charter)
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Delaware
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001-09614
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51-0291762
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(State
or Other Jurisdiction of Incorporation)
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(Commission
File Number)
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(IRS
Employer Identification No.)
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390
Interlocken Crescent
Broomfield,
Colorado
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80021
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(Address
of Principal Executive Offices)
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(Zip
Code)
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|||
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Registrant's
telephone number, including area code:
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(303)
404-1800
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(Former
Name or Former Address, if Changed Since Last Report)
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Check
the appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
[ ]
Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[ ]
Soliciting materials pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
(17 CFR 240.14d-2(b))
[ ]
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
(17 CFR 240.13e-4(c))
Item
5.02. Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
On March
30, 2010, the Board of Directors (the “Board”) of Vail Resorts, Inc. appointed
Hilary Schneider to serve on the Board. Ms. Schneider was also
appointed to serve as a member of the Compensation Committee of the
Board.
A copy of
the press release announcing the appointment of Ms. Schneider to the Board is
attached hereto as Exhibit 99.1 and incorporated herein by
reference.
Item
9.01. Financial Statements and Exhibits.
(d)
Exhibits.
A list of
exhibits furnished herewith is contained on the Exhibit Index which immediately
precedes such exhibits and is incorporated herein by reference.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
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Vail
Resorts, Inc.
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Date:
March 31, 2010
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By:
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/s/
Fiona E. Arnold
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Fiona
E. Arnold
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Senior
Vice President and General
Counsel
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EXHIBIT
INDEX
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Exhibit
No.
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Description
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99.1
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Press
Release, dated March 30, 2010
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Vail
Resorts,
Inc.
For
Immediate Release
News
Release
Vail
Resorts Contacts:
Investor
Relations: Michelle Lang, (303) 404-1819,
mlang@vailresorts.com
Media: Kelly
Ladyga, (303) 404-1862, kladyga@vailresorts.com
Hilary Schneider Named to
Vail Resorts Board of Directors
BROOMFIELD,
Colo. – March 30, 2010 –
Vail Resorts (NYSE:MTN) today announced the appointment of Hilary
Schneider, executive vice president of Yahoo! Americas, to the Company's Board
of Directors effective immediately.
In her
role as executive vice president of Yahoo! Americas, Ms. Schneider is
responsible for North, Central and South America business, including advertising
sales, partnerships and programming and reports directly to Chief Executive
Officer Carol Bartz. She joined Yahoo in 2006 when she previously led the
company’s U.S. region, Global Partner Solutions and Local Markets and Commerce
divisions.
Prior to
Yahoo, Ms. Schneider held senior leadership roles at Knight Ridder, Inc., where
she was chief executive officer of Knight Ridder Digital before moving to
co-manage the company’s overall newspaper and online business. Before joining
Knight Ridder, Schneider served as president and chief executive officer of Red
Herring Communications, overseeing Red Herring Magazine,
www.RedHerring.com, and Red Herring’s events unit. She also held a number of
roles at Times Mirror, including president and chief executive officer of Times
Mirror Interactive and general manager of the Baltimore Sun. Ms. Schneider
holds a bachelor’s degree in economics from Brown University and a master’s in
business from Harvard Business School.
Vail
Resorts Chief Executive Officer Rob Katz commented, "We could not be more
pleased to have someone with Hilary's experience and leadership join our board.
Hilary brings incredible expertise in how to use digital media to inform,
communicate and inspire, which is becoming a critical skill set to succeed in
travel and leisure. Hilary has a long and successful track record at
understanding how to deliver for customers and partners, something that is core
to everything that Vail Resorts stands for."
Other
members of the eight-person Vail Resorts Board of Directors include: Chairman
Robert A. Katz, chief executive officer of Vail Resorts; Lead Director Roland A.
Hernandez, founding principal and chief executive officer of Hernandez Media
Ventures; Thomas D. Hyde, executive vice president and corporate secretary of
Wal-Mart Stores, Inc.; Jeff Jones, senior executive vice president and chief
financial officer of Vail Resorts; Richard D. Kincaid, former president and
chief executive officer of Equity Office Properties Trust; John T. Redmond,
former president and chief executive officer of MGM Grand Resorts; and John F.
Sorte, president and chief executive officer of Morgan Joseph &
Co.
About Vail
Resorts
Vail
Resorts, Inc., through its subsidiaries, is the leading mountain resort operator
in the United States. The Company's 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, Wyo. The Company's
subsidiary, RockResorts, a luxury resort hotel company, manages casually elegant
properties across the United States and in the Caribbean. Vail Resorts
Development Company is the real estate planning, development and construction
subsidiary of Vail Resorts, Inc. Vail Resorts is a publicly held company traded
on the New York Stock Exchange (NYSE: MTN). The Vail Resorts company
website is www.vailresorts.com and consumer website is
www.snow.com.