BROOMFIELD, Colo. - Vail Resorts, Inc. (NYSE:MTN) announced today the appointment of Iris Knobloch to its board of directors. Knobloch brings a diverse background to the table, including her current role as president of the Cannes Film Festival and her historic achievement as the festival's first female president since her appointment in July 2022.
Knobloch's extensive experience spans across various industries and includes board memberships with Lazard (NYSE:LAZ), Inc., Deezer SA, and Accor (EPA:ACCP) Hotels. Her trilingual proficiency and legal background, with degrees from Ludwig-Maximilians Universität and New York University, complement her 25 years at WarnerMedia, where she served as CEO for multiple European regions.
The appointment comes as Vail Resorts continues to expand its international footprint, with recent acquisitions in Switzerland, including Crans-Montana Mountain Resort and a majority stake of Andermatt-Sedrun Sport AG. CEO Kirsten Lynch expressed excitement about Knobloch's global experience, which is deemed critical for the company's international growth.
Knobloch, an avid skier herself, is eager to leverage her expertise to support Vail Resorts' strategy of building an integrated network of resorts worldwide, aiming to enhance guest experiences and contribute to the ski industry's stability.
Her previous board roles with companies like LVMH (EPA:LVMH) Moët Hennessy Louis Vuitton SE and Axel Springer SE showcase her leadership in diverse sectors. As the eleventh member of the Vail Resorts board, Knobloch joins a team dedicated to providing exceptional experiences, with a commitment to reaching a zero net operating footprint by 2030.
This move signals Vail Resorts' intent to bolster its governance with individuals who possess a blend of cultural insight and industry expertise, as the company navigates the complexities of global expansion in the leisure and hospitality sectors. The information reported is based on a press release statement.
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