SAM Magazine—Telluride, Colo., Aug. 8, 2012—Dave Riley, CEO of Telluride Ski & Golf Resort for the past five years, has been reassigned to CEO of Newport Federal Financial, a subsidiary of Telluride's parent company in Newport Beach, Calif. Riley starts his new job immediately. No replacement has been named at Telluride, where the executive team is reporting directly to owner Chuck Horning.

SAM Magazine—Telluride, Colo., Aug. 8, 2012—Dave Riley, CEO of Telluride Ski & Golf Resort for the past five years, has been reassigned to CEO of Newport Federal Financial, a subsidiary of Telluride's parent company in Newport Beach, Calif. Riley starts his new job immediately. No replacement has been named at Telluride, where the executive team is reporting directly to owner Chuck Horning.

Riley will be involved in acquisitions, strategic initiatives, master planning, development, and transactions involving commercial properties, multi-family properties, resort properties, office complexes, ranches and raw land, according to a company statement. He will continue to advise Horning on Telluride Ski & Golf, but will primarily be pursing new projects across North America and Hawaii, the statement said.

“I'm very excited about the opportunity to seek out new acquisition and development projects for Newport Federal Financial,” said Riley. “This is a good time to be in the market for acquisitions.”

“Dave Riley did some great things at the resort and we wish him the best in his new endeavor,” marketing VP Matt Skinner told SAM.

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