Peter A. Vaughn Named to Vail Resorts Board of Directors

           Peter A. Vaughn Named to Vail Resorts Board of Directors

PR Newswire

BROOMFIELD, Colo., June 3, 2013

BROOMFIELD, Colo., June 3, 2013 /PRNewswire/ -- 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.

SOURCE Vail Resorts, Inc.

Website: http://www.snow.com
Website: http://www.vailresorts.com
Contact: Michael Chao, Investor Relations, (303) 404-1820,
mchao@vailresorts.com, or Kelly Ladyga, Media Relations, (303) 404-1862,
kladyga@vailresorts.com
 
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