Vail Resorts’ CFO steps down

Vail Resorts Inc. (NYSE: MTN) announced Monday that its chief financial officer, Michael Barkin, is stepping down.

Barkin’s departure will be effective Dec. 31. He had been in the role since March 2013.

“Michael leaves behind a legacy of transformation and growth at Vail Resorts,” said Rob Katz, executive chairperson of Vail Resorts, in a statement. “He played a central role in the company’s expansion nationally and globally through the acquisition and integration of 34 resorts across four countries and was an integral part of the team as we reimagined so many parts of our business, including elevating and scaling our financial organization and capital allocation efforts. We are fortunate to have benefited from his incredible expertise and leadership, and from both me on a personal level and everyone at Vail Resorts, we wish him all the best in the next part of his life’s journey.”

According to the news release, Barkin is leaving to pursue personal opportunities.

“I am incredibly grateful for the opportunity to have been a part of Vail Resorts over the last decade,” Barkin said in a statement. “It has been a privilege to work at an organization that prioritizes leadership development above all else and combines the passion we share for our resorts and the guest experience with the focus we bring to building a successful and sustainable business. I am so proud of what our team has accomplished and am confident that this foundation will result in continued success for the company under Kirsten’s outstanding leadership. I look forward to supporting my successor through a smooth transition as we set the company up for a successful year ahead.”

This article was first published by Bizwest, an independent news organization, and is published under a license agreement. © 2022 Bizwest Media LLC.