Why Vail Resorts Stock Soared on Wednesday
Katz was Vail's executive chairperson at the time of his reappointment, and will continue to fill that role. In his first tenure as the company's CEO, he served for 16 years. In its press release officially announcing the transition, the company quoted the lead independent member of its board of directors Bruce Sewell as saying that Katz "has a strong track record of driving innovation and executing consistent performance at Vail Resorts, and has played a critical role in the development of Vail Resorts' op ...