Vail Resorts asks shareholders to reject Oasis board nominees

Vail Resorts issued a proxy statement to shareholders in late October 2026 defending its current directors ahead of the company's annual meeting and board election on Dec. 14, where activist investor Oasis Management has put forward rival candidates, the Park Record reported.

Vail said the four candidates nominated by Oasis, which it said were advanced "in collaboration with Matthew Prince," lacked the experience and judgment to oversee the company's strategy.

Ron Baron, head of Baron Capital, which owns 18% of Vail's stock, said he would vote with existing leadership and opposed the Oasis slate. Baron said he had concerns about the firm's coordination with Prince and called Prince's push to buy Park City, one of Vail's best-known mountains, "short-sighted and destructive to long-term shareholder value."

Oasis filed a preliminary proxy statement the same day laying out its criticism of Vail's leadership. That filing listed only former Disney chief executive Robert Chapek and M. Ashton Hudson as nominees, describing skier Picabo Street and Bryce Roberts as initial nominees. Because the filing is preliminary, it could still change.

Prince, who has said he owns no Vail stock, said he had "no idea" about the change and had not spoken with Oasis, Roberts or Street since the original nominations. Separately, self-nominee Gregory Meyer told shareholders he was seeking a board seat to provide a stronger independent voice on execution.

This story was first reported by Park Record.