Waterville Valley Announces Resignation of CEO Chris Sununu
General Manager Tim Smith has been promoted to take over the resort duties of the Governor-elect.
Tuesday, November 22, 2016, NewEnglandSkiIndustry.com
Waterville Valley announced today that Chris Sununu will be resigning as CEO and Director at the end of December in advance of his January 4, 2017 inauguration as New Hampshire Governor.
Sununu, 42, has been CEO of Waterville Valley since he and group of investors acquired the resort from Booth Creek in 2010. Brother of former New Hampshire Senator John E. Sununu, Chris Sununu has served three terms as a New Hampshire Executive Councilor. In addition to his role as CEO, Sununu served as Waterville Valley General Manager from 2013 to 2015, before handing day to day duties to Tim Smith. Waterville Valley announced today that Smith has been named President.
The only Republican to win statewide election in New Hampshire this year, Sununu will be the second New Hampshire ski area owner to serve as Governor. Sherman Adams served as New Hampshire governor from 1949 to 1953, prior to becoming Chief of Staff to President Eisenhower. Adams founded Loon Mountain Resort in 1966, the same year that Waterville Valley opened. Sununu's father, John H. Sununu, also served as New Hampshire governor and Presidential Chief of Staff.
Waterville Valley is currently pursuing an aggressive expansion project on Green Peak, recently installing towers for the Green Peak Triple.