Article: Vail Resorts Chairman and CEO to Step Down on June 28, 2006 - on his Tenth Anniversary With Vail Resorts.

VAIL, Colo., Jan. 30 /PRNewswire-FirstCall/ -- Vail Resorts, Inc. announced today that Chairman and CEO Adam Aron has decided to resign effective June 28, 2006. Mr. Aron selected the June 28 date, as it marks his 10th anniversary of agreeing to serve as Chairman and CEO of the Company.

During the five-month interim period, Mr. Aron will work closely with the Company's Board of Directors to ensure a well-run and seamless transition. Mr. Aron also said he intends to make himself available to be of counsel or assistance to the Company, as requested by the Board, after June 28.

The Company's Board of Directors will immediately commence a search for Aron's ...

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