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Overview
This is an opportunity to lead an executive team that manages America's most expansive mountain resort and is building a futuristic alpine community from scratch atop Powder Mountain.
Powder Mountain currently has three lines of business:
1) Real estate development
2) Events and hospitality
3) Mountain operations (skiing, mountain biking, and hiking, among others)
Each line of business compliments the other; however, the core of the project is the real estate development, which the Board and ownership group view as a $750 million equity value creation opportunity.
The project is entitled for 2,800 units of density under flexible DRR-1 zoning, which provides the Company significant flexibility to adjust its development plans as appropriate.
The Job
We’re looking for someone passionate about our mission and excited to be a part of our growing team.
As CEO, your duties will include (but not be limited to):
- Designing and executing razor sharp organizational, operational and financial strategies that facilitate the long-term success of the project in all phases and across all functional areas;
- Working with the Board of Directors to develop a long-term strategy and vision for the Company that preserves and enhances the value of the Company in a sustainable way to the benefit of shareholders and other stakeholders;
- Creating and maintaining a strong culture that promotes ethical practices, encourages individual integrity, embodies the Company’s entrepreneurial, collaborative and responsible core values, and reflects a respect for the value and contribution of all stakeholders;
- Establishing, building and nurturing Summit Powder Mountain’s brand in the marketplace, serving as a brand steward in interactions with the marketplace and ensuring that the Company’s brand reflects its core values;
- Sourcing additional equity, debt and development partners to support the long term strategic plan;
- Managing liquidity and debt obligations as they come due;
- Ensuring the business is profitably managed, and supporting each business line (real estate development, events and hospitality, and mountain operations) with near real-time financial analysis and KPI tracking relevant to each manager;
- Monitoring overall Company performance vs. budget and 5-year strategic plan;
- Recruiting, developing and retaining key talent necessary to implement the strategic plan;
- Reporting regularly to the owners and other constituents as to the health of the business;
- Communicating with the Board of Directors and equity partners on the overall performance of the business, including discussing major strategic decisions, material risk management matters, and investment recommendations.
Compensation: Commensurate with experience
Location: Eden, UT
Start Date: Immediate
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The Qualifications
The ideal candidate should have experience in one or more of the following industries:
- Real Estate Development
- Real Estate Investment Banking or Private Equity
- Entrepreneurship
Desired Skills and Experience:
- Bachelor’s degree from a top ranked school (any major) with a record of achievement; advanced degree a plus, not a requirement
- 15-20 years of relevant experience
- Experience building and maintaining relationships with various market / industry participants
- Superior analytical and strategic-thinking skills, combined with impeccable business judgment and the ability to challenge and question perceived norms
- Outstanding analytical and quantitative skills, detail-oriented, proactive and self-motivated
- Ability to work both independently and on a team under tight deadlines in a fast-paced and rapidly changing environment
- Demonstrated command of written communication and strong business and creative writing skills
- Willingness and ability to travel domestically and internationally
- Unquestionable ethics, integrity and strong work ethic
The Team
The CEO will work closely with the executive management team of Powder Mountain:
Don Guerra (CFO)
Shaun Mulreed (General Counsel, Head of Corporate Development)
Mark Schroetel (Head of Ski Operations)
Sam Arthur (Director of Design & Brand)
... the managing equity partners:
Greg Mauro (Founder and Managing Partner, Learn Capital)
Elliott Bisnow (Founder, Summit Series, Summit Action Fund, Peak Street Management, and Bisnow Media)
... and the Board of Directors:
Tom Bacon (CEO and Founder, The Lionstone Group)
Josh Klinefelter (Partner, Aurora Capital)
Jim Apteker (CEO and Founder, Longwood Events)
Learn more about Powder Mountain:
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APPLY
Send an email to joshk@auroracap.com including:
- Your resumé with overview of relevant experience, and why you want this position
- A relevant or noteworthy writing sample (blog posts are acceptable)
- Links to your Twitter, Instagram or LinkedIn profiles as you see appropriate