Intrawest Resorts Names Thomas Marano CEO

(RTTNews) - Intrawest Resorts Holdings Inc (SNOW), a North American mountain resort and adventure company, Friday announced the hiring of Thomas Marano as the company's Chief Executive Officer, effective immediately. Marano replaces William Jensen who has tendered his resignation for personal reasons.

Additionally, Intrawest has promoted Sky Foulkes, President of Stratton Mountain Resort, to the position of Chief Operating Officer.

Prior to joining Intrawest, Marano was Chairman and Chief Executive Officer at Residential Capital LLC (also known as ResCap) from 2008 to 2013. From April 2008 to April 2009, Mr. Marano was a Managing Director at Cerberus Capital Management, where he led mortgage activities and had oversight of ResCap.

The company also reaffirmed its guidance for fiscal 2015.