UNITED STATES

On March 10, Alterra Mountain Company, the world’s leading outdoor recreation company, shared a leadership transition. Jared Smith announced his intention to step down from his role as chief executive officer at the end of this season.

During the transition, an executive committee of the board will function as an Office of the CEO, comprising ownership representatives from KSL Capital Partners and Henry Crown & Company, together with Rusty Gregory, former CEO of Alterra Mountain Company, to lead the company’s day-to-day operations through the end of the season and until a new CEO is appointed. The board will launch a comprehensive search process to identify a new leader to continue Alterra’s growth trajectory. Smith will serve as a resource to the Office of the CEO over the next year to support a seamless transition.

~ Alterra Mountain Company press release