By Cindy Hirschfeld December 6, 2022 Published in the Winter/Spring 2022-23 issue of Aspen Sojourner Mike Kaplan, photographed at Lift 1A, October 2022 Image: Jeremy Swanson How did you get started in the ski industry? Great communicator, work ethic and high Peak3 seeks experienced PMs and Superintendents, to join our growing team. Andrew Kaplan is 54, he's been the Independent Director of Aspen Inc since 2014. Aspen Times Weekly: As Mike Kaplan skis it Kaplans email to employees said Skico would begin the search for a new leader immediately. Net income $2,814,419; Notable sources of revenue: Percent of total revenue: MIKE KAPLAN (TREASURER) $0: CARRIE WELLS Im saying new. Former Skico CEO Pat ODonnell retired earlier than planned, proclaiming at the start of the 2006-07 season that Kaplan had proved himself ready for the top spot. There were a few hands over mouths and sad reflections, said one Skico employee who was in the audience. Telling stories that matter in a dynamic, evolving state. Weve been out looking for opportunities to grow both brands, the Limelight and the Nell. Hailey Winslow Bio, Age, FOX, Husband, Family, Height, Salary, Net Worth, Jarred Hill Bio, Age, Family, WMDT, Wife, Family, Height, Salary, Net Worth. Thats going to be a hole for sure. Welcome to Aspen, my friends. Indeed, before it was a luxury hotspot, Aspen was a physical and intellectual retreat after WWII for the 10th Mountain Division, a regiment trained to fight fascism in Italys rocky terrain. Kaplans tenure has spanned major updates at all four of SkiCos mountains, from Aspen Highlands terrain expansions in the Highland Bowl and Deep Temerity in the late 1990s and early 2000s to a forthcoming expansion into the Pandoras area at Aspen Mountain, set to open next winter. Andy McClaflin Aspen Wealth Strategies. Kaplan took the reins of Skico in November 2006, Aspen Journalism: Regulatory spigot tightens flow of STRs in Aspen and Pitkin County, Clubhouse Chronicles: AVSC senior spotlight on graduating Alpine skiers, Top 5 most-read stories: Ski instructor was epitome of community; Travis-style celebration for beloved local, In Brief: Portofolio Night for Isaacson students; film festival offers grants; county freshens up website. That's why we're here.". Mike Kaplan, the president and CEO of the Aspen Skiing Co., is on the eve of his fourth ski season as the leader of the privately owned company. With the Aspen Idea and the Aspen Institute, we were founded on the principle of being more than just a ski resort and more than just a sleepy mining town, both those things. That said, we have Bonnies and (Gwyns High Alpine); theyre doing a great job (as independent operators). Interview with Mike Kaplan, CEO of Aspen Skiing Company Kaplan: I probably shouldnt answer that question because that would be for the community to answer. Another Fed rate hike and the possible seizure of First Republic Bank make forward guidance from companies even more crucial. Recently, Mike Kaplan, president and CEO of Aspen Skiing Co., published a guest opinion column in the Wall Street Journal pointing the finger at the Trump Administration as a key factor in the declining numbers of Mexican visitors to Aspen during the 2016-17 winter season. Michael Caplan - Forbes Weve been working on that for a while. Williams: What do you think you'll miss most when you retire? Austin Colbert / Aspen Times archives His announcement did not offer details on his You cant separate those two. Kaplan, 58, will log his last day on the job on April 27 after 17 years as the top official and nearly 30 years total with the company. "We'll have plenty of time for that at future events, so please celebrate an amazing 75th year, and one another. And it wouldn't have happened nearly as well, wonderfully, if it werent in this community. Williams joins the team after a stint at The Aspen Times, where she reported on Snowmass Village, education, mental health, food, the ski industry, arts and culture and other general assignment stories. Takashi Murakami lift ticket, Aspen Skiing Company. Wake up to today's headlines in your inbox. Whats the status of the Pandora terrain (to skiers right o9r south of Walshs on Aspen Mountain) and Loge Bowl terrain (on the west side of upper Aspen Highlands)? Stay tuned. Furthermore, he was selected to co-anchor the early evening newscast at the station in addition to his weather tasks two years later. Its beautiful, and the people walking around are generally curious and engaged and trying to understand whats going on in the world these days and what they might do to help make it better. (Managing partner) Jim Crown has been a great mentor, friend and boss, and I know that he will steward this organization into the future by selecting a solid successor. We appreciate the fact that we are a community and a resort. Caplan attended Warren Township High School in Gurne for his high school education. OP/ED by Aspen Skiing Company CEO, Mike Kaplan. Start spreading the news: The "New York, New York" star is ready to make it anywhere More, Sir Richard Bransons Mahali Mzuri camp in the world-famous Masai Mara game reserve is the trip you've been waiting for More, The "Bad Cinderella" star is the first Latina originating a leading role in an Andrew Lloyd Webber musical More, An inside look at the hottest hotel in the U.S. capital, housed in a former bank in the Penn Quarter More, The Tony-award-winning actor is starring as King Arthur in a new revival of "Camelot" at the Vivian Beaumont Theater at Lincoln Center this spring More, With roles playing B.B. We saw that coming. WebIn Aspens business landscape, Aspen Skiing Company looms largest literally and figuratively; it owns and operates four ski slopes (virtually all of Aspens ski terrain), three Because in the thick of it, you know, it can get hard and can get exhausting, but make sure you take the time to get outside and get a couple runs, get some chairlift rides with some fellow employees or some guests and remember why you're doing it.. Most recently he exercised 12,500 units of ASPU stock worth $24,000 on 22 March 2021. He is frustrated it got sabotaged in the 11th hour by people who didnt participate or those who didnt like the direction.). But on Wednesday, he kept things short and sweet, instead pivoting back to the companywide celebrations at an employee appreciation event. AT: Lets get into mountain operations. She studied journalism and history at Boston University, where she also worked for WBUR, WGBH, The Boston Globe and her beloved college newspaper, The Daily Free Press. Kaya Williams: Looking back, I'm curious what advice you would give to your younger self, maybe the Mike Kaplan that was just getting started as a CEO 17 years ago. As an executive in his late 50s, few people saw him bowing out of the leadership role at this point. The most recent stock trade was executed by Douglas Kass on 3 January 2023, trading 4,750 units of ASPU stock currently worth $1,520. That set him up to take the leadership role when ODonnell retired a year later. The 40 percent of our bed base that is condominiums, most of those need to be refurbished. Later on, he joined ABC 7 as a morning weather forecaster. Mar 24, 2022. Mike Kaplan became one of the youngest executives of a top U.S. ski resort eight years ago when he took the reins as president and CEO of Aspen Skiing Co. I think the good news is we as an industry are a unique experience. Still Here They get bombarded every day with all these options. Thats our shared vision. $29.99K on December 13, 2018. The post on the Aspen Snowmass Facebook page spurred 471 reactions in the first 24 hours. From March 2014 to December 2014, Mr. Kaplan was a consultant to the education industry. I think the communitys been working for 30-plus years on that. They come here because of the skiing and the community. The day started at 10 a.m. around a truck bed fully stocked with boxes of discount croissants, a bag of clementines, and a stack of Incident Action Plan packets. The seemingly imminent seizure of First Republic Bank and increased usage in the Federal Reserves bank support facilities shows that the banking crisis continues to smolder. We started with two small snowboard shops and integrated that into a four-mountain destination operation. Ultimately, it is their belief that doing business right is good business which has allowed me to succeed and for our company to thrive. Thats not an easy thing to do, but it can be done. Charles Krypell at Bachendorfs Plaza at Preston Center. Never forget what you're doing and why. And really kudos on a very long career here in Aspen. So we think that properties could do well in those other market and where they are might help drive business to Aspen and Snowmass. The main way the guiding principles have evolved is around sustainability and what the definition of that is and how we approach that. Mike Kaplan That wouldnt count the Sky or the Molly Gibson or some of those. Ultimately, it is their belief that doing business right is good business which has allowed me to succeed and for our company to thrive. They have empathy and are steadfast in their commitment to our values, our community, and us as people. Aspen Times: In 2007 you talked about the Skico being late to the party as far as vertical integration. Were not going to have a happy, loyal workforce if the community isnt an enriching place to be. That was probably the main thing that we werent quite clear on. And that's the goal in life, right? Kaplan: We think we can probably get to 1.7 (million). There are now more than 1,600 billionaires in the world, and at least fifty of them have stakes in the Aspen areaprimarily through their ownership of real estate in Pitkin County. Aspens billionaires came to their fortunes in many ways. They are tech wizards, oil and gas tycoons, real estate moguls, financiers, and producers of everyday stuff. But Ive said to City Council before, How about we target three 100- to 120-room hotels? Well see if some of these smaller hotel projects get approved and financed. Catch up on the week's most-read stories. (Existing lodge owners were engaged on incentives for them to upgrade. Snowmass Ski Area got a host of new amenities on the mountain and in Base Village over a span of two decades; Buttermilk Mountain completed a base area renovation this winter. Mike Kaplan became one of the youngest executives of a top U.S. ski resort eight years ago when he took the reins as president and CEO of Aspen Skiing Co. I dont think anyone can. We did the Merry-Go-Round and Elk Camp, and I think even Sams was under construction in 07. We go to Ajax Tavern a lot. Recently, Kaplans advocacy reached new heights. King, Martin Luther King Jr. and Jean-Michel Basquiat on his rsum, the "Chevalier" star is on track to become movie royalty More, The Tony-award-winning actor is starring as King Arthur in a new revival of "Camelot" at the Vivian Beaumont More, With roles playing B.B. Michael Kaplan Net Worth Michael Kaplan biography. How successful have you been diversifying from the uphill-transportation-only business? Theyve said its a case-by-case basis, so well have to see if thats applicable to Snowmass. Last Run Outgoing SkiCo CEO Mike Kaplan reflects on a 30-year dream career. I hope by the end of December well have some resolution to that. He was among the very first reporters to be granted such access. My focus is usually on the state of the slopes below: the quantity of the snow, the quality of the grooming, and so on. Together, they have an adorable son named Carter. One Skico employee who attended the meeting said the audience was caught off guard. Kaplan: Maybe it is because since 96-97 weve been trying to talk about Heres who we are; heres what we value; heres where we want to go. A key part of that strategy is recognition and embrace of the community and, maybe more, this embrace of the Aspen Idea. Malcolm MacLean IV, Director, Kaplan met with The Aspen Times recently in his office to discuss his vision of the future and provide a glimpse of what can be expected in the next few years on the ski slopes. In a surprise move, Aspen Skiing Co. President and CEO Mike Kaplan announced to employees Wednesday evening that the 2022-23 winter season would be his last at the helm of the organization. Kaplan Net Worth Mr. Kaplan owns over 12,500 units of Aspen Inc stock worth over $37,013 and over the last 9 years he sold ASPU stock worth over $0. Kaplan made the announcement at a party celebrating the long service of several employees. Today, I write to you with a tear in my eye and a knot in my stomach as I announce my retirement as President and CEO from Aspen Skiing Company, effective next year, April 30, 2023, Kaplan wrote. I have my opinions, but Im not trying to say, Engage so we can do this. Im saying, Lets engage.. Mike Kaplan announces he will step down as leader of Aspen Skiing Co. President and CEO will remain until April 2023, marking 30 years at company Aspen Aspen Skiing Co. CEO Mike Kaplan helps direct on-snow traffic at the Village Express lift at the Snowmass Ski Area on Presidents Day. Kaplan took the reins of Skico in November 2006. Kaplan: First tracks, last tracks. 2. Aspen Route - $0.75 per drop for 61 drops,, Part-time or Full-time Sales Associate (budtender) $21.50/hour $500 sign-on bonus Full Time Benefits: Health and dental, Ski Pass contribution and, Garfield County, CO is now hiring for the following positions: Criminal Justice Services Officer Child Support Case Manager, Full-time position assists with the engineering activities of Holy Cross Energy (HCE) by applying technical knowledge, sound engineering judgement &. We want our owners to be happy, too. Aspen Skiing Co. CEO Mike Kaplan poses at Aspen Highlands in March 2018. (Jesse Paul, Denver Post file) Aspen Skiing Co. President and CEO Mike Kaplan stunned employees at a meeting Wednesday night with announcement of his retirement one year from now, in April 2023. Its not easy, but both the anti-growth people that dont want to see anything built versus those that are saying, Im trying to raise my family here; I want my kids to be able to come back here now that theyre getting older. Kaplan: We're going to come back here and enjoy the place, right? Mike has an estimated net worth of between $1 million $5 million. Today, Kaplan continues that dialogue as an advocate for social and environmental responsibility. And I appreciate this community has really been supportive and embracing, and really raised my family. Joshua Sukoff/Special to the Aspen Daily News. Kaplan worked at Taos Ski Valley during and after his undergraduate years in college. This interview has been edited and condensed. It's part of It was one of the action items that came out of the Community Plan. Williams: As you're coming out of the thick of it now, have there been any moments that really stood out to you, reflecting? 3. Take classes in ceramics, painting, and all the different practices. Then, obviously the restaurants youve seen significant investment in the restaurants since 07. *Aspen Skiing Co. only released percentages the past two seasons. AT: Is a mountain coaster something you want to consider? The diversity of the customer experience and the businesses and offerings is critical. Kaplan: It's hard, right? That hotel got built by the Paases and was done very well by the Paases, but unfortunately it didnt work out for them financially in 08, victims really of the credit crisis. [We have] always been about civil discourse and not about agreement or group-think, says Kaplan. The architect said youre to experience it like you do the ski mountain. "I'll continue to work for Jim [Crown] and the family in an advisory capacity, and I know I'll have plenty to say.". Any advice you'd give to your successor, Geoff Buchheister? Thatd be a third hotel. I want there to be a future for me and my family thats sustainable, thats rewarding, all of those things that we offer. He told The Aspen Times in 2007 that he wanted to work in ski area operations but realized while at Taos he would plateau in middle management without further preparation. The most active traders at the company are Due to his secretive nature about his personal life, no information is available about Mikes family. Kaplan: (He brings out brochures outlining the companys guiding principles back to 1996-97. Aspen Institute is a think tank, a place where people come to learn and share their best thinking. Aspen Skiing Co. President and CEO Mike Kaplan speaks to the crowd during SkiCos 75th anniversary celebration at the base of Aspen Mountain in 2022. Courtesy photo. Error! Aspen is hosting the National Brotherhood of Skiers, which is advertised to be the largest black ski group in the United States. Thats nice. Beyond the magazine. He shared some final thoughts with Aspen Public Radio this week before he heads out on a long vacation into retirement. I really appreciate it. That said, Kaplan will remain a familiar face in Aspen and on the slopes. Michael Mathews, Chief Executive Officer, Coming down at the end of the day in the locker room, and being part of that team, and grinding it out together, celebrating together, that'll be hard. Mike Kaplan became one of the youngest executives of a top U.S. ski resort eight years ago when he took the reins as president and CEO of Aspen Skiing Co. Kaplan, just 42 at the time, already had vast experience in mountain operations under his belt at Taos Ski Valley in New Mexico and at Skico, plus he had earned his Master of Business Administration degree from the University of Denver. Moreover, Mikes nationality is American. Aspen Skiing Co. CEO Mike Kaplan helps direct on-snow traffic at the Village Express lift at the Snowmass Ski Area on Presidents Day. So thank you. What Ive seen over the last 10 years watching this, its not only a missed opportunity; its a problem. In addition, Caplan is also a professional photographer together with his wife Laura. And we'll see. Its a bit like going back to college and, of course, its Aspen. The Ritz-Carlton, Aspen Highlands, 75 Prospector Road, Aspen, CO 81611 We are seeking ladies and gentlemen to join our unrivaled, Colorado River District - Now Hiring Two Positions: - Records & Contracts Administrator - Water Resources Data Specialist Supporting the, Law Firm in Aspen is seeking a Paralegal/legal assistant to support busy office. We want to continue to embrace that diversity; this community is very dependent on people coming from Central and South America and Mexico to supplement the workforce.. Some 17 years later, Kaplan is the one retiring: Thursday is his last day on the job as he hands the reins to his successor Geoff Buccheister. And I think we work hard to be held accountable to those values. Well, Mike Kaplan, Aspen has been a ski town for a long time, and we have always been skiers together. Theres a lecture series at Paepcke Auditorium, which is next to the music tent. Do we really want to expose ourself that much? And take the time to look around. So, climb all the way up the stairs to the top, and then come down. He will keep our positive momentum moving forward.. With its social consciousness and ever-expanding luxury portfolio, Aspen Skiing Company may not be a utopia, but it sure comes close. Fox 32 (WFLD) is a Fox-owned and operated television station licensed to Chicago, Illinois, the United States of America.Caplan began his career in journalism in Champaign-Urbana, IL, at WCIA. Mike Kaplan, Aspen Skiing Co: Profile and Biography Dealing with a road in there would be difficult. And it's pretty special, and I just had one of those, where I had a run from Dipsy Doodle all the way down Spar [Gulch]. December 27, 2016. That was a young demographic. He earns money from a variety of sources, which has propelled him to the top of the list of superstars so swiftly. Moreover, in 1994, Caplan, moved to WLS-TV, a time when he earned his meteorologist credentials from Mississippi State University, hence becoming the 4 pm weekday meteorologist. "While I could not let this event pass without sharing with all of you face to face my plans, let's not make this about me," Kaplan said. Savant, Crestron, Lutron, Vantage experience preferred. Michael L. Kaplan serves as Senior Vice President, Secretary and Chief Legal Officer of the Company. We feel that might be interesting because theres that experience in the hotels here thats great service with that sort of authentic approach and style and sort of ambience that we feel would be relevant in some other markets. It is also not known whether he has any siblings. Aspen, under Kaplan, has evolved. Advisors do not pay a fee for placement on Forbes Top Advisor rankings, which are independently determined by Shook Research. Hybrid role available. At the top is Mike Kaplana ski bum-turned-CEO who uses his high office to uphold the towns legacy as both a natural playground and a spiritual and intellectual Eden. Perfect Sunday reading. Scroll below and check more detailed information about Current Net worth as well as Monthly/Year Aspen Times Weekly Aspen-times-weekly | Nov 28, 2014. Williams: And aside from vacation, what's next for you? It will be crucial to watch post-tax season bank deposits and the Fed facilities next week. Skier visits are estimates based on Skicos reported percentage increases. I went last week to hear Reinhold Messner speak one of the most accomplished climbers in the history of climbing, the first one to climb Everest without oxygen. Theres somebody like that every week. $110-150K + benefits. "Last year, visitation to Aspen by Mexicans dropped 30 Save all of your favorite content in one curated collection. Maybe these smaller hotels that are in existence and have a little bit of a different plan, maybe they can make those work. Its a summer thing. The party is held toward the end of every season. And he says he believes it can be done without selling Aspens soul. Its very onerous in terms of the building permits and the rules and regs. The oldest executive at Aspen Group Inc is NormanDicks, 79, who is the Independent Director. 2 routes available. But no, I think it's what he's doing, you know? He noted that next year will be his 30th year with the company and that its time for me to step back and welcome new leadership and perspectives.. Well engage a search firm to manage the process and aim to have someone in place for next winter, Kaplan wrote. Check BackgroundGet Contact InfoThis Is Me - Kaplan also can be found pushing his limits throughout summers on his mountain and road bicycles. He was 42 years of age at the time and had risen through the ranks of the company. Is that accurate? Aspen Skiing Co. President and CEO Mike Kaplan stunned employees Wednesday night with announcement of his retirement one year from now, in April 2023. It really started with our Aspen Art Museum partnership. Andrew Kaplan Net Worth (2023) | wallmine Mike has an estimated net worth of between $1 million $5 million. Mike Kaplan: The most tangible example of that is the Limelight Hotel. "I have an announcement that I want to make directly to you, which is my time as CEO will be coming to an end in April 2023, at the close of next winter," he said. Aspen Group, Inc. is an education technology holding company that leverages its infrastructure and expertise to allow its two universities, Aspen University and United States University, to deliver on the vision of making college affordable again. In the final days before he hands But I think I will say Ive seen that evolve and grow stronger over the years. Aspen Skiing Company names Geoff Buchheister new CEO Mike Kaplan: Advice to myself would be, Enjoy it, enjoy the ride. Well milk the baby boomers for a little while more; thats going to be a bump, but again, its these next generations that we have to get into and hooked. His announcement did not offer details on his decision. Lodging is one; then there is the airport. We also talk about it in terms of profitability, of course. AT: At the Aspen Chamber Resort Association member luncheon (in September), you talked about how there can be a healthy town without compromising the Aspen Idea. Source: Forbes.com (Awarded Apr 2022) Data compiled by SHOOK Research LLC based on time period from 6/30/20 - 6/30/21. Aspen Skiing boss Mike Kaplan will retire after 30 years of service Kaplan net worth A parkside oasis with unrivaled amenities. High-end,, NWKW is opening a brand new location in Aspen, CO. Sell beautiful knife art. Aspen Ideas Festival, usually the last week in June leading up to the Fourth of July, offers two weeks of the hottest topics for society today. I think everyone just thought he would be there (for a long time).. You put that much money into a facility like that, I think its important that youre the owner-operator. PAPERCITY 2023 urban publishers, inc. all rights reserved terms & condition // privacy policy // sitemap, The Aspen Art Museum (photo by Michael Moran). Insider trading is most common in December, with the busiest year in 2014. To read more of this story go to aspentimes.com, Got a story tip? Summer improvements at Snowmass and Aspen Mountain. The restaurants we feel we can run well and consistently. Andrew Kaplan owns about 30,385 units of Aspen Group, Inc common stock. So that's the other, I guess, accomplishment I should mention, which is four kids out and about in the world. It was sort of me and one friend and [we] had the mountain to ourselves, and it was just sort of a fitting ending to what has just been a spectacular and really fun tenure here. Aspen Community Foundation Other meetings were held on spurring new lodges.). (Managing partner) Jim Crown has been a great mentor, friend and boss, and I know that he will steward this organization into the future by selecting a solid successor. AT: How would you assess the Aspen Skiing Co.s relationship with the broader community right now? These firms may lack the elegant charm of a JP Morgan or a BancAmerica, but as alternative financial institutions, these shares are finding buyers who dont care. Aspen Skiing Company CEO Mike Kaplan I think part of this has been an evolution where I like to think and I hope were being as transparent as we can while still respecting the fact that we cant give away all our strategic initiatives to our competition. I think ultimately we are stepping out more, I am stepping out more. But more financial planners are aiming to help. So, maybe food is art around here. However, this section will be updated as soon as the information surfaces. He moved to Aspen to join Skico in 1993 and then rose through the ranks in mountain operations, getting to know many of the front-line managers by working alongside them. We want to be responsible to the bottom line. and bought an estimated value of $8.2M worth of shares. Williams: Right on. Q&A with SkiCo CEO Mike Kaplan Caplan serves as a morning meteorologist for Good Day Chicago since joining Fox 32 in December 2015.In Fox 32, he works alongside; Caplan receives an average annual salary of between $54,045 and $110,500. Andrew Kaplan's largest purchase order was, Aspen Group, Inc's most recent insider trade came on January 4, 2023 by Moreover, Caplan went to Illinois State University, where he earned a bachelors degree in mass communication. Mike Caplan is a renowned American journalist currently serving as a meteorologist for Fox 32s Good Day Chicago. In 1987, Caplan joined WTVD in Raleigh-Durham, NC as a chief weather anchor. In the last 10 years, insiders at Aspen Group, Inc have sold an estimated value of $21M There are no cars on a couple of them, and your kids can roam around, with a free bus everywhere.