ChrisDiamond2015

STEAMBOAT SPRINGS, CO-January 16, 2015-

Steamboat Ski & Resort Corporation announced today that Chris Diamond, president and chief operating officer, has decided to step down from his current role on June 30, 2015, the end of the company’s fiscal year. Intrawest, Steamboat’s parent company, will be conducting an internal and external search for qualified candidates to succeed Chris.

“Chris’ vision, drive and common sense approach has firmly established Steamboat as a leader in the industry,” said Tom Marano, CEO of Intrawest. “Chris has been an invaluable asset to not only the company but the entire Steamboat Springs community and across the ski industry; we will miss his commitment, dedication and determination.

Diamond began his ski industry career in 1972, following discharge from the US Army. He joined Steamboat in 1999 as managing director. For the past 15 years, he has overseen one of the most recognized brands in the industry. Chris and his team have been dedicated to a high standard of guest service, providing a world-class experience and ushering in numerous improvements including: snowmaking expansions, Night Skiing, Four Points Lodge, lift upgrades and various Urban Renewal Authority projects.

“In October at our executive retreat, I shared my intentions with my team to make this my last season at the helm of the resort and figure out what will be my next adventure,” said Diamond. “Steamboat is truly a very special place and I have enjoyed working with an incredibly talented team over the years. The resort’s future looks bright and the company is in very good hands with the current management team.”

Diamond has consistently championed the public/private partnership and has successfully forged deep and lasting ties between the Yampa Valley community and the resort through his involvement in numerous civic, charitable and governmental organizations, including serving on the Board of Trustees of the Yampa Valley Community Foundation, the Urban Renewal Authority Advisory Committee, the Yampa Valley Airport Advisory Commission, the Steamboat Springs Chamber Resort Association, and Colorado Ski Country USA He is a past Chairman of Ski Country and National Ski Areas Association (NSAA) and in May 2013, Diamond was presented with NSAA’s Lifetime Achievement Award, the industry’s highest accolade for his contributions to the ski and snowboard industry.

About Steamboat Ski & Resort
Steamboat Ski & Resort, which has been operating since 1963, is located in the Colorado Rocky Mountains, 157 miles northwest of Denver, with access via direct flights from several major national airports including: New York, Los Angeles, Chicago, Houston, Atlanta, Minneapolis, Seattle, Dallas, San Francisco, and Washington D.C. The town of Steamboat Springs, Colorado, where Steamboat is located, has a strong heritage of winter sports, as evidenced by the 88 winter Olympians that have trained in the town. The resort features a combination of high-end customer services (such as a full service spa and fine dining restaurants), an 1880’s western atmosphere and some of the most consistent snowfall in the Rocky Mountain region. Known for its Champagne Powder® snow, the average snowfall at Steamboat is approximately 25% more than the historical Rocky Mountain regional resort average of 283 inches. Steamboat features 2,965 skiable acres and a maximum vertical drop of 3,668 feet. For more information, visit www.steamboat.com.

About Intrawest Resorts Holdings, Inc. (NYSE: SNOW)
Intrawest Resorts Holdings, Inc. is a North American mountain resort and adventure company, delivering distinctive vacation and travel experiences to its customers for over three decades. The Company owns interests in seven four-season mountain resorts with more than 11,000 skiable acres and more than 1,150 acres of land available for real estate development. Intrawest’s mountain resorts are geographically diversified across most of North America’s major ski regions, including the Eastern United States, the Rocky Mountains, the Pacific Southwest and Canada. The Company also operates an adventure travel business, the cornerstone of which is Canadian Mountain Holidays, the leading heli-skiing adventure company in North America. Additionally, the Company operates a comprehensive real estate business through which it manages, markets and sells vacation club properties; manages condominium hotel properties; and sells and markets residential real estate. For more information, visit www.intrawest.com.

-Happy Trails®-