By Colin Kellaher
Viad has hired Michael Heitz as its next chief financial officer ahead of its pivot into a pure-play attractions and hospitality company.
Viad on Tuesday said Heitz has joined the company in the Denver office of its Pursuit business and will work with other executives on Pursuit's strategy and growth as a standalone public company following Viad's sale of its GES business, slated to close at the end of the year.
Viad said Heitz joins the company after a decade with Vail Resorts, where he most recently served as vice president of corporate and mountain finance.
The Scottsdale, Ariz., company said Ellen Ingersoll, who has been chief financial officer since 2002, will remain in the post through the company's filing of its 2024 annual report in March, after which Heitz will become finance chief.
Viad earlier this year unveiled plans to sell its GES exhibition services and experiential marketing business for $535 million and change its corporate name to Pursuit upon completion of the deal.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
December 17, 2024 07:31 ET (12:31 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.