Summit Powder Mountain CEO Search

Summit Powder Mountain is seeking a Chief Executive Officer to lead a remarkable project: building a next generation mountain town atop Powder Mountain in Eden, Utah.

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Overview

Stated simply – this is an opportunity to lead an executive management team that is building the community of the future from scratch atop Powder Mountain, with a steadfast commitment to changing the world for the better. 

Summit 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):

  1. 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;
  2. 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;
  3. 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;
  4. 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;
  5. Sourcing additional equity, debt and development partners to support the long term strategic plan;
  6. Managing liquidity and debt obligations as they come due;
  7. 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;
  8. Monitoring overall Company performance vs. budget and 5-year strategic plan;
  9. Recruiting, developing and retaining key talent necessary to implement the strategic plan;
  10. Reporting regularly to the owners and other constituents as to the health of the business;
  11. 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 (Head of Marketing)

... 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)

 
 
 
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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