BROOMFIELD, Colo., Feb. 6, 2024
/PRNewswire/ -- Vail Resorts, Inc. (NYSE: MTN) today announced
that Iris Knobloch has been
appointed to the company's board of directors.
Knobloch is president of the renowned Cannes Film Festival. She was appointed to
this role in July 2022, making
history as the international festival's first female president.
Knobloch also currently serves as a member of the board of
directors of Lazard, Inc., a financial advisory and asset
management firm; chairperson of the board of directors of Deezer
SA, a global music streaming platform; and vice chairperson and
lead independent director of the board of directors of Accor
Hotels, a multinational hospitality company.
Originally from Munich,
Germany, Knobloch currently resides in Paris, France. She is trilingual in German,
French, and English and a lawyer with degrees from
Ludwig-Maximilians Universität in Munich and New York
University. She started her career as a lawyer in
Munich, New York, and Los
Angeles. Knobloch went on to have a long 25-year career in
various leadership roles at WarnerMedia, including 15 years as CEO
of Warner Bros. France and
Benelux, and most recently as CEO of WarnerMedia France, Benelux,
Germany, Austria, and Switzerland. After leaving WarnerMedia, in
July 2021 she co-founded I2PO, the
first European SPAC (Special Purpose Acquisition Company) dedicated
to the entertainment and leisure industry.
"We are thrilled to have Iris join our board," said Kirsten Lynch, chief executive officer of Vail
Resorts. "Iris has had an incredible career in Europe and the
United States and adds extensive global experience to our
board of directors which will be critical for us as our company
expands internationally."
In November 2023, Vail Resorts
entered into an agreement to acquire Crans-Montana Mountain Resort
in Switzerland, the company's
second strategic European investment following its 2022 acquisition
of a majority stake of Andermatt-Sedrun Sport AG, also located in
Switzerland.
"I am pleased to join the Vail Resorts board of directors as the
company embarks on a journey to expand internationally," said
Knobloch. "As both a business leader and an avid skier, I am
looking forward to leveraging my expertise in supporting the
company's strategy to build an integrated network of resorts across
the world that enhances the guest experience and creates stability
for the ski industry."
Knobloch previously held board positions at LVMH Moët Hennessy
Louis Vuitton SE, a French multinational holding company and
conglomerate specializing in luxury goods; Central European Media
Enterprises Ltd, a media and entertainment company that operates
television channels in central Europe; and Axel Springer SE, a German
multinational media company.
Knobloch is Vail Resorts' eleventh board member, joining
Sue Decker, Rob Katz, Kirsten
Lynch, Nadia Rawlinson,
John Redmond, Michele Romanow, Hilary
Schneider, Bruce Sewell,
John Sorte, and Peter Vaughn.
About Vail Resorts, Inc. (NYSE: MTN)
Vail Resorts is a network of the best destination and close-to-home
ski resorts in the world including Vail
Mountain, Breckenridge, Park City Mountain, Whistler
Blackcomb, Stowe, and 32 additional resorts across North
America; Andermatt-Sedrun in Switzerland; and Perisher,
Hotham, and Falls Creek in Australia – all available on
the company's industry-changing Epic Pass. We are passionate
about providing an Experience of a Lifetime to our team members and
guests, and our EpicPromise is to reach a zero net operating
footprint by 2030, support our employees and communities, and
broaden engagement in our sport. Our company owns and/or manages a
collection of elegant hotels under the RockResorts brand, a
portfolio of vacation rentals, condominiums and branded hotels
located in close proximity to our mountain destinations, as well as
the Grand Teton Lodge Company in Jackson Hole, Wyo. Vail
Resorts Retail operates more than 250 retail and rental locations
across North America. Learn more about our company
at www.VailResorts.com, or discover our resorts and pass
options at www.EpicPass.com.
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