Sep 11, 2026
Picabo Street is the most recognizable of nominees for Vail Resorts’ board of directors nominated by activist investor Oasis Management, which seeks changes in how the ski company that owns Park City Mountain manages itself. The company said it received notices of intent to nominate the follo wing individuals on these dates:  Via Oasis Management, on Sept. 9 and 10: Robert A. Chapek of Florida; M. Ashton Hudson of Florida; Bryce Roberts of Utah; and Picabo Street of Utah.  Via Gregory Syvert Meyer, on Sept. 10: The company received a self-nomination of Gregory Syvert Meyer of Florida.  In a statement Friday morning, Vail Resorts said it “prioritizes consistent engagement with shareholders and welcomes ongoing dialogue around the shared interest of continuing to drive long-term shareholder value. As previously announced, the company has an active, fulsome search underway for a new independent director, which it expects to complete in early 2027.” In other words, um, no. Not unless they can drum up a majority of shareholders to upend the company’s current path. According to online news outlet SnowBrains, Oasis, which holds 6-8% of Vail Resorts’ stock, seeks changes in the company’s management that could include selling some of its mountain properties. Park City-based Cloudflare cofounder and CEO Matthew Prince has been loud about his desire to purchase Park City Mountain and publicly critical of the ski company’s management. Prince and wife Tatiana own The Park Record. “Because Vail Resorts is the largest ski resort operator in North America and the only major publicly traded ski resort company, a successful activist campaign could influence more than just the company’s future,” according to SnowBrians. “If Oasis is able to enact changes, the outcome could also have implications for how major ski resorts are operated and invested in across the industry.” “After evaluating all candidates, the board will include its recommended slate of director nominees in the company’s proxy statement to be filed with the Securities and Exchange Commission and distributed to all shareholders eligible to vote at the annual meeting,” the statement said. “Vail Resorts shareholders are not required to take any action at this time.” Stockholders can obtain free copies of the company’s proxy statement (when available) and other documents that will be filed by Vail Resorts with the SEC at sec.gov, the SEC’s website, from the investor relations section of Vail Resorts’ website investors.vailresorts.com, or by emailing Connie Wang at [email protected]. Street charted a new course for American women in winning World Cup season titles, and taking silver in the 1994 Olympics, gold in 1998, and begin to show what American women could do on the slopes. Lindsey Vonn and Michaela Shiffrin went on from there to dominate. Street’s last race was in Park City during the 2002 Olympics, finishing 16th in the downhill. She has since started a school for winter athletes in Park City, Picabo Street Academy, and is a commentator for NBC Sports. The post Activist investor Oasis nominates Picabo Street and others for Vail Resorts’ board of directors appeared first on Park Record. ...read more read less
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