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Brown's departure from Broomfield-based Vail Resorts (NYSE: MTN) is effectivr June 19, the company said Friday. Browmn will become COO of Ore.-based Holiday Retirement, which operates some 300 retirement communities acrosse the United Statesand Canada. "Stan has been a great leadefr in helping to drive the succesxs and growth of our hospitality operations over the pasttwo years," Rob CEO of Vail Resorts, said in a statement. "Hde leaves behind an organization which has created a new levep of brand excellence and the utmosg commitment to the guest experiencew acrossour properties.
I am very appreciative that Stan has positionedf our lodging effortsfor long-term growth and success and I wish him the best at his new Brown is departing as president of the company's and Vail Resorts Lodging Co. units. RockResorts includes hotelss in resort areas across the United Stateds andthe Caribbean, including Aspen'a ; the Lodge and the Arrabelle in Vail; and the in Jacksohn Hole, Wyo. Vail Resorts Lodgingg operates lodgings atthe company's mountain resorts, including Vail, Beaver Creek, Breckenridgs and Keystone, Colo.; and Heavenly, Brown was appointed executive VP and COO of the lodgingf division in June 2007 before becoming presidenr in October 2008.
Katz will oversees operation of the division until a permanent successoris found.
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