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Mark R. Gasta Appointed Senior Vice President and Chief
Human Resources Officer for Vail Resorts, Inc.
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BROOMFIELD, Colo., Jan. 18, 2008 - Vail Resorts, Inc. (NYSE: MTN) today announced the appointment of Mark R. Gasta to the position of senior vice president and chief human resources officer. He will assume responsibility for all facets of human resources leadership and management across the Company's operations, reporting to Chief Executive Officer Robert Katz. Gasta will begin his new position on Feb. 19, 2008.

Gasta joins Vail Resorts from Comcast Communications where, for the past seven years, he worked in various human resources capacities including most recently corporate vice president of organizational development for the company's 90,000 employees. He was responsible for planning and executing strategies designed to increase the company's performance through the development of employee talent and empowerment of teams. Prior to that position, Gasta served as divisional vice president of human resources for the western region with responsibility for 15,000 employees.

"We're delighted to have someone of Mark's caliber and experience with a demonstrated track record in developing a highly talented and motivated workforce. The employees of Vail Resorts are our most important asset and critical to delivering exceptional experiences at our extraordinary resorts every day. Mark's entire career has been devoted to bringing out the best in the people with whom he has worked and served. Combining that ability with his enthusiasm for the outdoors makes Mark the perfect fit for the passion of our employees and the strategic direction of Vail Resorts," said Katz.

Prior to Comcast, he was the human resources director for Lexis-Nexis in 1999 and a human resources and development manager for Target Corporation from 1997-1999. From 1988-1997, he served as a commissioned officer and aviator in the United States Army, stationed in the U.S., Germany and Italy. As an adjunct professor, Gasta has also taught "High Performance Management" in the master of business administration program at the University of Denver. He is currently working on receiving his doctorate in organizational change from Pepperdine University. Gasta holds a master's in business administration from the University of Denver (2000) and a bachelor's degree from California Polytechnic State University (1988). Gasta served on the board of directors of the Urban League of Metropolitan Denver and is an active member of various professional organizations, including the Society for Human Resource Management and the Human Capital Institute. He is an avid skier, mountain biker and Ironman triathlete. Gasta currently lives in the Denver metro area with his wife and three children.

About Vail Resorts

Vail Resorts, Inc. 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 in 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 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 http://www.vailresorts.com and consumer website is http://www.snow.com.

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Contact:

Vail Resorts, Inc.
http://www.vailresorts.com

 

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Also See: Robert Katz, 39, Vail Resorts' New Chief Executive Starts At Annual Base Salary of $815,000 / March 2006
Vail Resorts Promotes John Garnsey and Blaise Carrig to EVP Positions to Oversee the Company's Mountain Division / January 2008
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