Vail CEO made $3.5 million in ’07
Aspen, CO Colorado
VAIL ” Rob Katz, chief executive officer of Broomfield-based Vail Resorts, received $3.53 million in total compensation for the 2007 fiscal year, according to a filing with the Securities and Exchange Commission.
That included a salary of $829,929, plus $2.7 million in stock, stock options, bonuses and other benefits.
Vail resident Bill Jensen, president of Vail Resorts’ mountain division and chief operating officer of Vail Mountain, received $1.15 million in compensation for the fiscal year, according the document. Included in that compensation was his $403,400 salary.
Vail Resorts’ stock price on the New York Stock Exchange has risen from less than $40 per share at this time last year to $60.20 as of closing Monday.
The company owns Vail, Beaver Creek, Breckenridge and Keystone ski resorts in Colorado and Heavenly in Lake Tahoe.
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It’s hard to fight City Hall and even harder to fight well-funded neighbors who don’t want any development near them, a local man has realized. So he settled for less than what he and his partner bought the property for.