Vail Resorts names Rob Katz as new CEO

Published 27/05/2025, 21:18
Vail Resorts names Rob Katz as new CEO

BROOMFIELD, Colo. - Vail Resorts, Inc. (NYSE: MTN), a $5.65 billion market cap resort operator currently trading near its 52-week low, has announced the return of Rob Katz as Chief Executive Officer, following the departure of Kirsten Lynch from the roles of CEO and director. According to InvestingPro data, the company maintains a FAIR financial health score of 2.39, with a notable 6.01% dividend yield. The leadership change, effective today, was accompanied by the company’s confirmation of its fiscal 2025 guidance and pass sales trends as previously detailed in the April metrics release.

Katz, 58, previously helmed Vail Resorts as CEO from February 2006 until November 2021 and continued as the Executive Chairperson. His return to the CEO position comes at a time when the company is focusing on strategic priorities and transformational initiatives. Bruce Sewell, Lead Independent Director of the Board, commended Katz’s past leadership in driving innovation and noted his significant role in the company’s long-term strategy. Sewell also expressed gratitude for Lynch’s contributions, particularly her role in growing the Epic Pass and steering the company through challenges.

In his remarks, Katz expressed enthusiasm for his reappointment and reaffirmed his commitment to the company’s stakeholders, including employees, resort communities, and shareholders. He praised Lynch for her leadership, which he believes has set the stage for the company’s future growth.

Lynch, reflecting on her tenure, expressed gratitude to her team and partners, and voiced her ongoing support for Vail Resorts. Despite stepping down, she will remain in an advisory capacity for a transitional period.

The company also reiterated its fiscal 2025 outlook, expecting Resort Reported EBITDA to be in the lower half of the guidance range provided on March 10, 2025, excluding costs related to the CEO transition. With revenue growth of 3.57% in the last twelve months and a P/E ratio of 21.87, analysts are closely monitoring the company’s performance. Early season pass sales through May 26, 2025, are in line with the trends from the April release. For deeper insights into Vail Resorts’ valuation and growth prospects, InvestingPro subscribers can access comprehensive financial analysis and additional ProTips in our detailed research report.

Vail Resorts plans to discuss its fiscal 2025 outlook and pass sales in greater detail during its third-quarter earnings call on June 5, 2025.

This leadership transition and financial outlook is based on a press release statement from Vail Resorts.

In other recent news, Vail Resorts has been the subject of several analyst reports. Truist Securities maintained a Buy rating with a price target of $247, highlighting the company’s recent earnings performance that exceeded consensus estimates for two consecutive quarters, despite minor adjustments due to foreign exchange headwinds. Stifel analysts also reiterated their Buy rating, albeit with a lower price target of $183, citing concerns about financial performance and soft window ticket sales, though they noted an increase in sales revenue from early bird pricing for passes. BofA Securities adjusted their price target to $160, reflecting risks associated with late-season ski metrics and a decline in skier visits.

Stifel also maintained a Buy rating with a $217 target, noting positive developments from Vail Resorts’ investor conference, such as the launch of the Epic Gear rental service and improved customer satisfaction scores. The analysts expressed confidence in the company’s long-term growth strategy and resource efficiency initiatives. While Vail Resorts has faced challenges, such as labor issues and economic uncertainties, the company’s ability to outperform earnings expectations has reinforced analyst confidence. As the company navigates these external pressures, its financial outlook remains a focal point for investors.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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