RILEY GETS NEW POSITION WITH TELLURIDE OWNER

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Publish Date

08/09/2012

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.

Comments

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At any level of manager-You can't be everything to everyone.. Its easy to criticize though, its no easy job to manage an entire business I'm sure. Maybe you'll get your shot at it one day Mr. Director and you'll see. I hear he did ok... the ski hill is still there isn't it?

???

Disaster? How so?

Director Skiing

Riley was a disaster for Telluride.

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