Friday, August 14, 2020, NewEnglandSkiIndustry.com
Sugarbush President Win Smith announced his retirement yesterday, effective September 1. John Hammond, Sugarbush Vice President of Mountain Operations since 2011, will take his place at the resort.
Smith, son of Merrill Lynch partner Winthrop H. Smith Sr., was the co-owner of Summit Ventures NE when it acquired Sugarbush in 2001. Many investments were made over the years, including five new chairlifts and a new Lincoln Peak base development.
Summit Ventures announced it was selling the resort to Alterra last fall, citing access to capital as a major challenge facing the independent resort. The transaction was completed in January, with Smith remaining in a leadership role during the transition. Citing the COVID-19 pandemic in a blog post yesterday, Smith praised the ownership of Alterra, noting "I am convinced that we will weather this storm better than if we had gone at it alone."
