Aspen Bottom Lines: Business announcements |

Aspen Bottom Lines: Business announcements



Toth elected president of Aspen Board of Reatlors

The Aspen Board of Realtors announced that Karen Toth, an agent of Aspen Snowmass Sotheby’s International Realty, has been elected president of the organization’s 2014 board of directors.

Toth plans to use her tenure to be a voice for the members of the Aspen Board of Realtors and to use the platform to emphasize working with local nonprofits.

“My plan is to dedicate a large part of my time and find this a golden opportunity to demonstrate how deeply our members care about our community needs. I would love to inspire our members to see the value in serving,” she said in a statement.

Toth brings experience and professionalism to the board, as she has previously held many high-level positions, including comptroller, vice president of sales and marketing and managing broker. She has worked for some of the largest property-management, advertising and development firms in the state, obtaining the skills necessary to lead the board and to support her clients’ goals in real estate, the statement said.

Her past experience with the board includes serving as treasurer.

“She is incredibly hardworking, honest and fair,” said Andrew Ernemann, the outgoing president of the board.

As president, Toth will lead a team of directors in supporting the Aspen Board of Realtors’ mission, guiding its 664 members through the development and promotion of programs and services throughout the year.

She will serve a one-year term and participate on all board committees, which include education, government affairs, finance, membership, home tours, public relations, community service, scholarship foundation and the annual scholarship golf tournament.

Herndon promoted at Ajax Holdings

Will Herndon, president and CFO of Coldwell Banker Mason Morse, is joining the firm’s parent company, Ajax Holdings LLC, as managing director with responsibility for Coldwell Banker Mason Morse and other projects.

He will continue to serve on the management team of Coldwell Banker Mason Morse as president and CFO.

Herndon has been with the company for eight years. He will be a part of Ajax Holding’s analytical team on new investments and on the developments the company presently has in process. He also will be a member of the organization’s long-range planning committee.

“I am extremely pleased that Will is joining Ajax Holdings as a managing director,” said Brooke Peterson, principal of Ajax Holdings, in a statement.

“Although Will still has primary responsibility for the operation of Coldwell Banker Mason Morse, the other members of the Ajax Holdings team and myself have come to recognize that Will brings valuable insights to all of our activities, and it is important to us to recognize his skills and to utilize them to the fullest as Ajax Holdings and Coldwell Banker Mason Morse move into the future,” Peterson said.

Coldwell Banker Mason Morse has a 52-year history as a leading real estate firm in the Roaring Fork Valley. With five offices in Aspen, Basalt, Carbondale, Redstone and Glenwood Springs as well as an on-site sales office at the Grand Hyatt Aspen, the company has 63 broker associates and 12 full-time employees.

Ajax Holdings is a private investment holding company that has interests in commercial real estate and property-management services throughout the Roaring Fork Valley.

In other news related to Coldwell Banker Mason Morse, the company announced that Jonathan Boxer will be supervising broker of the Aspen office.

A longtime resident of the Roaring Fork Valley, Boxer has worked as a Realtor in Aspen for more than a decade with experience in luxury-home sales, fractional real estate sales and commercial and residential investment property. Boxer will be responsible for the day-to-day operations, managing and helping develop the sales team in the Aspen office.


Valley View Hospital earns Consumer Reports ranking

Valley View Hospital was among only 10 Colorado hospitals to receive the highest ratings awarded by Consumer Reports’ first-ever ranking of U.S. hospitals on how patients fare during and after surgery, the hospital said in a statement.

The ratings include an overall surgery rating, which combines results for 27 categories of scheduled surgeries, as well as individual ratings for five specific procedure types: back surgery, hip replacement, knee replacement, angioplasty and carotid-artery surgery.

The results were published in the September issue of the magazine.

Consumer Reports’ surgery ratings are based on an analysis of billing claims that hospitals submitted to Medicare for patients 65 and older from 2009 through 2011, and they cover 2,463 hospitals in all 50 states; Washington, D.C.; and Puerto Rico.

The surgery ratings are based on the percentage of a hospital’s Medicare patients who died in the hospital or stayed longer than expected for their procedures. Research shows that mortality and length of stay correlate with complications, and some hospitals themselves use this approach to monitor quality. To develop the ratings, Consumer Reports worked with MPA, a health care consulting firm with expertise in analyzing billing-claims and clinical-records data and in helping hospitals use the information to improve patient safety.

The complete list of surgery ratings for all 2,463 hospitals, and a basic description of the methodology, is available at

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