Created on Wednesday, 15 August 2007 20:11
Last Updated on Wednesday, 15 August 2007 20:11
By Lisa Loomis
Bob Ackland, one of Sugarbush's directors and president of the ski
resort's resort real estate division (and acting general manager prior
to that), will transition to day-to-day oversight of resort real estate
operations to issue and project management after Labor Day.
Win Smith, president and CEO of the resort and Summit Ventures, its
parent company, said that Ackland stepping down from day-to-day
oversight was part of his (Ackland's) plan.
"It's been no secret that Bob wanted to work day to day for five years.
He stayed an extra year because of the Clay Brook project. He is still
one of our partners and still a member of the board of directors,"
He's done a great job of developing a team and of re-organizing what
that team does. He is going to continue to work proactively on
Sugarbush issues, but with less day-to-day oversight of the real estate
group," Smith said.
"It should be a seamless transition," he added.
Smith said that he, Ackland and Adam Greshin, vice president of guest
and community relations, would continue to oversee Summit Ventures and
serve on the board of directors.
"Adam will continue in his role, overseeing community relationships. He
has not had day-to-day oversight of activities," Smith said.
ESTY ON BOARD
He said that Dave Esty has joined the company's board of directors and
also noted that additional board members may be sought to bring added
expertise to the existing board, which consists of Smith, Esty, Greshin
"What we're doing is formalizing what's actually been in place and recognizing the maturity of the organization," he continued.
Smith said Ackland was transitioning into a role which makes sense for
him and for the resort. Ackland said he was not at liberty to talk
about the transition and declined to comment, referring questions to
"I'm still president and CEO of Summit Ventures, which I've been. We've
developed a nice team of people and I feel comfortable with the
leadership team we have," he added.