Mr. Shannon founded our predecessor KSL Recreation Corporation in 1992, serving as its President and Chief Executive Officer. He founded and became Chief Executive Officer of KSL Resorts in 2004 following the sale of KSL Recreation. Prior to establishing KSL Recreation, he served as President and CEO of Vail Associates, Inc. (owner of Vail and Beaver Creek resorts) in Vail, Colorado, from 1986 to 1992. He currently serves on the Board of Directors of Conseco, Inc., ING Direct, the Vail Valley Foundation, and Eisenhower Memorial Hospital. He is a member of the Young Presidents' Organization. He holds a Bachelor of Business Administration from the University of Wisconsin and a Master of Management in Accounting and Finance from Northwestern University's Kellogg School of Management.