Press release

Mammoth Lakes, Calif. – On the heels of the most successful year in the company’s history, in which earnings doubled, Rusty Gregory, Chairman and CEO of Mammoth Resorts, announced the promotion of Dave Likins to President of Mammoth Resorts.

In the process Gregory signaled that Mammoth is poised to pursue a number of significant growth and expansion opportunities facing the company.

Likins spearheaded Mammoth’s acquisition of Big Bear Mountain Resorts [BBMR] in 2014 and then guided the resort to historic levels of profitability, first as BBMR’s Chief Operating Officer and then as its President.

In the new structure, Gregory announced that Mammoth Resorts Chief Operating Officers Mark Brownlie and Eric Clark will take over responsibility for Big Bear Mountain Resorts operations, starting November 1, 2016. Likins will base Mammoth Resorts’ growth efforts out of the company’s new Orange County office.

“Our company and our resorts are well-positioned for growth as the resort industry evolves. This new management structure will allow us to aggressively deploy our capital and talent to take advantage of
the growing number of opportunities that we see in the market. As President, Dave will look for additional resort acquisition and real estate projects while leading a capital planning and investment
process that will transform our resorts into world class destinations,” said Gregory. “Dave will work closely with me and our seven-member Mammoth Resorts Executive Management Team to create the best in class experiences for our guests, employees and financial stakeholders.”

Likins joined Mammoth Resorts as Senior Vice President of Real Estate and Acquisitions in March 2014. Prior to coming to Mammoth, he was Chief Executive Officer of Kirkwood Mountain Resort, where he led the sale of the company to Vail Resorts in 2012.

Earlier in his career, Likins was General Partner of the private equity firm VSP Capital, worked as a consultant with McKinsey and Company, was an investment banker with Morgan Stanley, and the founder and managing member of Strategic Design Enterprises, a mergers and acquisition advisor to ski resorts in California.

Likins holds an MBA from Wharton, an MA from the University of Pennsylvania, and a BA from the University of California Berkeley..


About Mammoth Resorts
Mammoth Resorts is the leading four-season mountain resort operator in California. The company owns and operates a variety of recreation, hospitality, real estate development, food and beverage and retail enterprises. This includes Mammoth Mountain Ski Area, Snow Summit, Bear Mountain and June Mountain, which collectively host over two million annual skier/snowboarder visits.

Mammoth Resorts is also the owner-operator of Tamarack Lodge and Resort, Mammoth Mountain Inn, Juniper Springs Resort, the Village Lodge, Mammoth Mountain Bike Park, Snow Summit Bike Park, Mammoth Snowmobile Adventures, Sierra Star Golf Course, and Bear Mountain Golf Course.

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