0000812011-13-000017.txt : 20130603 0000812011-13-000017.hdr.sgml : 20130603 20130603172410 ACCESSION NUMBER: 0000812011-13-000017 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20130603 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20130603 DATE AS OF CHANGE: 20130603 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VAIL RESORTS INC CENTRAL INDEX KEY: 0000812011 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990] IRS NUMBER: 510291762 STATE OF INCORPORATION: DE FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-09614 FILM NUMBER: 13888920 BUSINESS ADDRESS: STREET 1: 390 INTERLOCKEN CRESCENT STREET 2: SUITE 1000 CITY: BROOMFIELD STATE: CO ZIP: 80021 BUSINESS PHONE: 303-404-1800 MAIL ADDRESS: STREET 1: 390 INTERLOCKEN CRESCENT STREET 2: SUITE 1000 CITY: BROOMFIELD STATE: CO ZIP: 80021 8-K 1 a201363form8-k.htm 8-K 2013.6.3 Form 8-K


 
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):  June 2, 2013
 
Vail Resorts, Inc.
(Exact name of registrant as specified in its Charter)
 
Delaware
 
001-09614
 
51-0291762
(State or other jurisdiction of Incorporation)
 
(Commission File Number)
 
(IRS Employer Identification No.)
 
390 Interlocken Crescent
Broomfield, Colorado
 
80021
(Address of principal executive offices)
 
(Zip Code)
 
Registrant's telephone number, including area code: (303) 404-1800
 

Former name or former address, if changed since last report
 
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:
 
o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o            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 June 2, 2013, the Board of Directors (the “Board”) of Vail Resorts, Inc. (the “Company”) appointed Peter A. Vaughn to serve as a director of the Company, effective immediately.

As a non-employee director, Mr. Vaughn will participate in the standard compensation arrangements for non-employee directors as set forth in the Company's most recent proxy statement. There is no arrangement or understanding pursuant to which Mr. Vaughn was appointed to the Board and there are no related party transactions between the Company and Mr. Vaughn that would require disclosure under Item 404(a) of Regulation S-K.

A copy of the press release announcing the appointment of Mr. Vaughn to the Board is attached hereto as Exhibit 99.1.

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.


2




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.
 
 
Vail Resorts, Inc.
 
 
Date: June 3, 2013
By:
/s/ Fiona E. Arnold
 
 
Fiona E. Arnold
 
 
Executive Vice President & General Counsel
 
 
 
 
 


3




EXHIBIT INDEX

Exhibit No.
Description
99.1
Press Release dated June 3, 2013.





4
EX-99.1 2 pressrelease991.htm PRESS RELEASE, DATED JUNE 3, 2013 Press Release 99.1


FOR IMMEDIATE RELEASE

Investor Relations: Michael Chao, (303) 404-1820, mchao@vailresorts.com
Media Relations: Kelly Ladyga, (303) 404-1862, kladyga@vailresorts.com

Peter A. Vaughn Named to Vail Resorts Board of Directors
BROOMFIELD, Colo., June 3, 2013 -- Vail Resorts (NYSE: MTN) today announced the appointment of Peter Vaughn, senior vice president of International Consumer Products and Marketing of American Express, to the Company's Board of Directors effective immediately.
In his current role at American Express, Peter is responsible for providing strategic marketing leadership for the company's consumer card-issuing businesses in over 160 countries worldwide, with a focus on product line strategy, benefit sourcing and management, product innovation, brand management, communications and advertising.  
As a key member of the senior marketing team at American Express, Peter has been at the forefront of delivering innovative payment products to the company's customers, including launching the company's international credit card business, the American Express Gift Card and Zync - a customizable card product geared towards GenY customers. In his prior role as the Chief Marketing Officer of Global Network Services (GNS), he designed and implemented a new operating model for GNS' global marketing organization to significantly increase overall productivity and marketing effectiveness and developed a new strategic brand positioning for the American Express network.
Prior to his GNS role, Peter had been serving as Senior Vice President of Global Brand Management for American Express since 2005. Previously, he held several senior marketing roles within the company, including Vice President of Marketing for the Travelers Cheque and Prepaid Services Group from 2002-2004, Vice President and General Manager of Lending for the Small Business Division in 2001 and Vice President of Acquisition and Advertising for Small Business Services from 1999-2001. From 1994-1999, he held several positions overseas in the Consumer Services Group of American Express, including Vice President of International Product Development, European Head of Revolving Credit and Lending and Senior Director of European Product Development. Peter began his tenure with American Express in 1992 as a Director of Marketing for the Consumer Financial Services Group.
"We are thrilled to have someone with Peter's history of success join our board. Peter's career has been focused on cultivating premium brands, creating differentiated consumer experiences and maintaining long-term, personalized customer relationships, all of which are central to Vail Resorts. In particular, Peter's focus on marketing outside the U.S. will be a great addition to our own dialogue as we look to broaden our reach around the world," said Rob Katz, chairman and chief executive officer of Vail Resorts.
Peter has been an avid skier since a young child and his grandparents were two of the original investors in Stratton Mountain, Vt. He received his undergraduate degree in business economics from Brown University and his master's degree in business administration and international marketing from INSEAD, The European Institute of Business Administration in Fontainebleau, France.
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; Richard D. Kincaid, founder and president of Because Foundation; John T. Redmond, chief executive officer and group managing director of Echo Entertainment Group; Hilary A. Schneider,





president of LifeLock, Inc.; John F. Sorte, chief executive officer of Morgan Joseph TriArtisan, LLC; and D. Bruce Sewell, senior vice president, general counsel and secretary of Apple, Inc.

About Vail Resorts, Inc. (NYSE: MTN)
Vail Resorts, Inc., through its subsidiaries, is the leading mountain resort operator in the United States. The Company's subsidiaries operate the mountain resorts of Vail, Beaver Creek, Breckenridge and Keystone in Colorado; Heavenly, Northstar and Kirkwood in the Lake Tahoe area of California and Nevada; Canyons in Park City, Utah; Afton Alps in Minnesota and Mt. Brighton in Michigan; and the Grand Teton Lodge Company in Jackson Hole, Wyoming. The Company's subsidiary, RockResorts, a luxury resort hotel company, manages casually elegant properties. 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.


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