Tag: Big Bear Mountain Resorts

Shaun White Becomes Part Owner of Big Bear Mountain Resorts

Big Bear, CA, January 29, 2016 –  Action sports icon Shaun White is returning to his childhood stomping grounds with the deed in his hand. In a deal announced yesterday, White has joined the Mammoth Resorts’ ownership team as an investor, with an immediate focus on Big Bear Mountain Resorts. “It’s amazing that I’m now an owner of the mountain where I grew up riding,” said White. “As an owner I’ll be able to make changes and shape the future of the mountain and how people enjoy it–whether they’re beginners or professionals.” White’s presence will be felt everywhere from the...

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Brent Tregaskis Summit VP/GM is named GM at Colorado’s Eldora Resort

Big Bear Lake, CA 9/8/15 – Brent Tregaskis long time Summit employee and current Vice President/General Manager announced that he is taking a position as General Manager at Colorado resort Eldora near the town of Boulder Colorado.  Brent went to to describe this a great opportunity for him and his wife Bonnie to be close to family living in Colorado.   Besides, he explains, as an avid powder skier that region is famous for deep fresh snow.   Brent  has spent the last 17 years as general manager of Bear Mountain Resort under the ownership of Booth Creek then Snow Summit. “Big Bear has been home for thirty years, and leaving it is not an easy decision.  I truly loved working with Dick Kun and the company he built.  I have been the General Manager of Bear Mountain longer than any previous GMs, 17 years, which has brought a stability to the operation and allowed it to excel.  The team there is exceptional,” said Tregaskis.  “I have also really appreciated the opportunity to work with Mammoth since they purchased Big Bear Mountain Resorts.  It has been exciting, and I believe that many of the creative changes being implemented now and planned for the future will bring significant improvements to the profitability of the operation and enhance the growth of Big Bear.” “After much consideration, however, I have decided it is time...

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Honoring Dick Kun

Big Bear Lake, CA, April 30, 2015 – On Monday evening in Hofert Hall, Mayor Dave Caretto and the Big Bear Lake City Council invited the community to join them in honoring Dick Kun. They were there to acknowledge Dick for his decades of exceptional stewardship of Big Bear’s two resorts and service to this community. Dick’s attention to snowmaking, lift-line management, and customer service have created two world class resorts that bring close to a million skiers and snowboarders to our mountain community every year. Bear Mountain and Snow Summit are critical in helping to drive the economy of Big Bear. Dick also helped create the Resort Association, now known as the Visitor’s Bureau. He recognized the value of having Big Bear businesses work together to help give visitors to our valley a better, more full service experience while staying in our community. Dick has also helped by lending his voice and expertise to many local organizations and causes. He has been deeply involved with both the Rotary Club of Big Bear and the Big Bear Chamber of Commerce. Longtime, well known members of the community as well as dignitaries from the city, all pictured above, spoke eloquently in paying tribute to Dick Kun’s many years of service to our community. The word describing Dick that was repeated the most was ‘visionary’. Thank you, Mr. Kun.  ...

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Mammoth now owns Big Bear Mountain Resorts

Big Bear Lake, CA. March 3, 2015 – In a recent letter sent to Snow Summit stockholders sale of Big Bear Mountain Resorts to Mammoth Mountain was closed on Friday, February 27th.  A momentous day for the Big Bear Valley but it was possibly overshadowed by the pending weekend snowstorms.  Snow Summit began life as a modest ski endeavor with a permit from the National Forest service in the early 50’s.  Snow making and thirst for winter activities enabled Snow Summit to grow along with the entire resort industry.  While many mom and pop ski areas in Southern California have come and gone, Snow Summit and Bear Mountain emerged as innovators and leaders in the industry.  Executives for Mammoth, CEO Rusty Gregory and Dave Linkins, previously expressed their excitement for this deal as it will bring their total skier day tally to over 2 million annual visitors.  This type resort consolidation, which is now common place, will  make them one of the biggest in North America.  In addition, CEO Rusty Gregory, commented on future resort development that “we come from a small community and are sensitive to wants and needs of a mountain resort community”.   Summit President, Dick Kun, in his farewell letter indicated that he was “deeply grateful for 65 years of support and that lasting memories will comfort, what for some will be difficult”.  And now with...

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Bear Mountain Resorts Shareholders Approve Sale to Mammoth Mountain

Big Bear, CA, November 3, 2014 – With the final shareholder votes tallied, the Snow Summit Ski Corporation, a long standing icon of the Big Bear Valley, will change hands perhaps later this month.The official count of 68% in favor and 11% against the sale was announced at the annual stockholders meeting. Thus the sale of Snow Summit and Bear Mountain to Mammoth Mountain was ratified. The largest concern expressed at the November 2, 2014 stockholders meeting seemed to be access to free lift tickets and parking privileges. President and CEO Dick Kun stated that that it was a good deal for the shareholders who will receive in the neighborhood of $600.00 per share, but also draws to a close any future stockholder privileges. He further went on to explain that their aging management team along with winter resort industry consolidation was what helped lead them to the sale decision. In addition, Mr. Kun, the major stockholder, told the audience that during the negotiation process, “they never lost sight of shareholder concerns, and getting the highest possible price per share or return on investment.” In order to complete this transaction, the Forest Service must issue a new use permit, but according to Brent Tregaskis, newly named area General Manager, “this should not be an issue as Mammoth has the highest reputation as a resort operator.” According to others on...

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