RED Mountain Appoints New President to Continue Fierce Independence and Authentic Mountain Vision
Headshot: Howard Katkov
Headshot: Mark Schroetel
ROSSLAND, British Columbia, June 18, 2025 (GLOBE NEWSWIRE) -- RED Mountain Resort, one of North America's last great independent ski resorts, today announces a major leadership transition that marks both the culmination of a 22-year legacy and the beginning of a bold new era.
After more than two decades at the helm, Howard Katkov, RED's long-time CEO who has successfully led RED's strategy of growth to preserve the resort's fierce independence without disenfranchising the community of Rossland, will step down from his role as Chief Executive Officer. Katkov will continue to serve as Chairman of the Board, ensuring that RED's ethos remains intact. Simultaneously, Don Thompson, President of RED Mountain Resort, will also transition out of his executive role while remaining an active member of the board.
Following an extensive international search, RED is proud to welcome Mark Schroetel as its new President, effective July 6, 2025. With over 30 years of resort and industry leadership, Schroetel has a proven record of helping ski areas thrive—while staying true to their soul.
'For 22 years, I've poured my heart into this mountain,' said Howard Katkov. 'Not to build a cookie-cutter resort, but to protect something real. RED stands for independence, character, and community. I couldn't pass that legacy to just anyone. In Mark, I see someone who gets it—who understands that RED's success lies in its authenticity, not in conforming to the status quo. I'm thrilled to support him as we take RED into its next chapter.'
A Career—and a Calling—25 Years in the Making
Schroetel brings a rich and diverse background to RED. He served for 15 years as General Manager of Bear Creek Mountain Resort in Pennsylvania, where he oversaw a full-scale redevelopment of the resort. Later, he spent 8 years as General Manager and CEO at Utah's Powder Mountain, North America's largest skiable resort by acreage, where he helped define a differentiated skiing experience focused on preservation over profit.
But for Schroetel, RED is more than a career move—it's personal.
'I've always been drawn to the Kootenays,' said Schroetel. 'In fact, I brought my dad here for his 60th birthday and returned to RED as a reward for completing my first year as a GM over two decades ago. When this opportunity came up, it felt like destiny. During a recent visit, my wife looked at me and said she's never seen me so happy in the 16 years we've been together. I responded, 'This is where I belong.''
'I'm incredibly honored to join the team at RED and can't wait to put down roots in Rossland. This is more than a job—it's a commitment to community, to authenticity, and to keeping the dream of independent skiing alive."
The Road Ahead
Under Katkov's stewardship, RED has achieved legendary status: one of the Top 10 largest ski resorts in North America, with 3,850 acres of unspoiled terrain, nearly 3,000 feet of vertical, and legendary tree skiing across five peaks. RED has also embraced its next evolution as a true four-season destination, launching new summer experiences and deepening its ties to the local community. Most notably, the resort will officially open its highly anticipated Gravity Logic designed lift-accessed RED Mountain Bike Park on June 21, further demonstrating Katkov's vision to make RED a world-class mountain playground in all seasons.
Schroetel's appointment is the next step in that evolution—ushering in a future built not on acquisition or homogenization, but on independence, innovation, and respect for the mountain and the community of Rossland.
Media Contact:Chella Levesque | Chella Levesque Inc. | chella@chellalevesqueinc.com | 604.961.9185
About RED Mountain Resort:
Fiercely independent and proudly rooted in Rossland, BC, RED Mountain Resort is Western Canada's oldest ski resort and one of North America's largest, offering 3,850 acres of terrain, nearly 3,000 feet of vertical, and legendary tree skiing across five peaks. Just minutes from the U.S. border in the Kootenays, RED blends rich heritage with bold innovation—including in-bounds cat skiing and a new lift-accessed bike park—making it a true four-season mountain playground with authentic mountain-town charm. www.redresort.com
About RED Mountain Homes:
RED Mountain Homes was born from a deep commitment to stay true to the culture, roots, and spirit of RED Mountain Resort and Rossland. A collection of neighbourhoods located in and around the base of RED Mountain, minutes from Rossland's historic downtown, 30 minutes from Trail Regional Airport, and a two-and-a-half-hour drive from Spokane International Airport, each RED Mountain Homes development will offer access to the lifts for year-round mountain adventure and walkable, pedestrian-oriented streets. RED Mountain Homes was created for those who share the community's love of mountain living. www.redmountainhomes.ca
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/93f4538e-8de1-471c-b698-11083366c9f9
https://www.globenewswire.com/NewsRoom/AttachmentNg/a3387aab-3068-4f7f-9ecd-d711839a549d
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Upturn
4 hours ago
- Business Upturn
GradGuard Honors National Insurance Awareness Day by Awarding $15,000 in Scholarships to College Students
By GlobeNewswire Published on June 28, 2025, 19:30 IST PHOENIX, June 28, 2025 (GLOBE NEWSWIRE) — GradGuard, the authority in helping protect students and their families from the risks of college life through its pioneering tuition and renters insurance programs, is pleased to announce the winners of its inaugural scholarship program, awarding $3,000 each to five outstanding students across the country. As part of its mission to help schools educate and protect students from the risks of college life, GradGuard launched the no-essay scholarship program to highlight the importance of being prepared for the unexpected. With nearly 600 applicants nationwide, the five winners were selected for their content, creativity, and presentation style in sharing personal college experiences, stories, or real-world scenarios that demonstrate the value of tuition or renters protection to enable students to overcome common disruptions to college life. 'Hearing the authentic voices of students helps to demonstrate that the risks are real,' said John Fees, GradGuard's co-founder. 'With nearly 2,000 annual campus fires and more than 22,000 crimes reported annually the value of renters insurance to protect students from theft or damages is a vital consideration, while tuition insurance can helps to safeguard their financial investment if they need to withdraw for a covered reason such as an accident, injury or physcal or mental health condition.' 2025 Scholarship Winners: Emily Goldner-Morgan, Boise State University Jazmin Goodwin, Arizona State University Kara Haj, University of California, Los Angeles Wes Orr, Abilene Christian University Michael Seepersaud, Georgian Court University Each student will receive $3,000 to help offset tuition, books, housing, or other college-related expenses. National Insurance Awareness Day, observed annually on June 28, serves as a vital reminder for the nearly 20 million college students to assess their insurance needs and ensure adequate protection against the unique risks of college life. GradGuard's scholarship program and its work with more than 650 colleges and universities help to promote greater financial literacy and enable students to make smart decisions to protect themselves from financial risks that can otherwise disrupt their education. 'We believe in investing directly in students, and our scholarship program is a testament to that commitment,' adds Fees. 'Congratulations to Emily, Jazmin, Kara, Wes, and Michael. We are incredibly proud to support their academic pursuits and wish them all the best.' For more information about GradGuard's college renters and tuition insurance programs, and to learn about future scholarship opportunities, please visit About GradGuard: GradGuard is the authority on helping schools educate and protect students from the risks of college life. As the #1 source of college tuition and renters insurance, GradGuard's pioneering protections have served more than 1.8 million students at more than 1,900 unique institutions. To learn more, visit Attachment GradGuard's 2025 Scholarship Recipients Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Business Upturn
4 hours ago
- Business Upturn
ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Apple Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action
NEW YORK, June 28, 2025 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Apple Inc. (NASDAQ: AAPL) between June 10, 2024 and June 9, 2025, both dates inclusive (the 'Class Period'). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 19, 2025. SO WHAT: If you purchased Apple securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the Apple class action, go to or call Phillip Kim, Esq. at 866-767-3653 or email [email protected] for more information. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 19, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and misleading statements and/or failed to disclose that: (1) Apple misstated the time it would take to integrate the advanced AI-based Siri features into its devices; (2) accordingly, it was highly unlikely that these features would be available for the iPhone 16; (3) the lack of such advanced AI-based features would hurt iPhone 16 sales; (4) as a result, Apple's business and/or financial prospects were overstated; and (5) as a result, Apple's public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the Apple class action, go to or call Phillip Kim, Esq. at 866-767-3653 or email [email protected] for more information. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: on Twitter: or on Facebook: Attorney Advertising. Prior results do not guarantee a similar outcome. ——————————- Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 [email protected]
Business Upturn
4 hours ago
- Business Upturn
Autonomous Driving Software Market to Reach USD 5.6 Billion by 2032, Driven by Connected Mobility and Safety Demands
Pune, June 28, 2025 (GLOBE NEWSWIRE) — Autonomous Driving Software Market Size Analysis: 'The SNS Insider report indicates Autonomous Driving Software Market size was valued at USD 1.8 billion in 2023 and is estimated to reach USD 5.58 billion by 2032, growing at a compound annual growth rate (CAGR) of 13.58% during the forecast period 2024–2032.' In 2023, the U.S. market was valued at approximately USD 0.5 billion and is projected to reach USD 1.55 billion by 2032, growing at a CAGR of around 13.47% from 2024 to 2032. Growth is driven by strong R&D investments, regulatory support for AV testing, and rapid advancements in AI and sensor technologies. Get a Sample Report of Autonomous Driving Software Market@ Major Players Analysis Listed in this Report are: Aptiv (Aptiv Autonomous Driving Platform, Smart Vehicle Architecture) Aurora Innovation Inc. (Aurora Driver, Aurora Horizon) Baidu, Inc. (Apollo Autonomous Driving Platform, Apollo Go Robotaxi) Continental AG (ContiConnect, Continental Autonomous Driving System) Huawei Technologies Co., Ltd. (Huawei Autonomous Driving Platform, HiCar) Mobileye (EyeQ5, Mobileye Roadbook) Nvidia Corporation (NVIDIA Drive Platform, NVIDIA DRIVE Sim) (PonyPilot, PonyOS) Qualcomm Technologies, Inc. (Qualcomm Autonomous Driving Platform, Snapdragon Ride) Robert Bosch GmbH (Bosch Autonomous Driving Solutions, Bosch ADAS Radar) Waymo (Waymo Driver, Waymo One) Uber ATG (Uber Advanced Technologies Group, Uber ATG Self-Driving System) Tesla, Inc. (Full Self-Driving (FSD), Autopilot) Apple Inc. (Apple Car Project, Apple Autonomous Driving Platform) Zoox (Zoox Autonomous Vehicle, Zoox Self-Driving System) Velodyne Lidar (Velodyne Alpha Puck, Velodyne VLS-128 Lidar) Autoliv (Autoliv Autonomous Driving Safety, Autoliv Vision System) LeddarTech (LeddarPixell, LeddarVision) Daimler AG (Mercedes-Benz Autonomous Driving System, Drive Pilot) Autonomous Driving Software Market Report Scope: Report Attributes Details Market Size in 2023 US$ 1.78 Billion Market Size by 2032 US$ 5.58 Billion CAGR CAGR of 13.58% From 2024 to 2032 Base Year 2023 Forecast Period 2024-2032 Historical Data 2020-2022 Key Segments • By Level of Autonomy (L1, L2, L3, L4 & L5) • By Propulsion (ICE, Electric Vehicles) • By Vehicle Type (Passenger Vehicles, Commercial Vehicles) • By Software Type (Perception & Planning Software, Chauffeur Software, Interior Sensing Software, Supervision/Monitoring Software) Key Growth Drivers Rising Consumer Demand for Safer and More Efficient Transportation Drives Autonomous Vehicle Software Growth Do you have any specific queries or need any customization research on Autonomous Driving Software Market, Make an Enquiry Now@ By Level of Autonomy: L2 Leads, L4 & L5 to Surge with Advanced AI Integration The L2 segment dominated the market in 2023 and accounted for 42% of revenue share, owing to the maturity of L2 automation and its widespread adoption in modern vehicles. L2 is the semi-autonomous driving class and the de facto mainstream spec provided across the OEM landscape, with functionalities like adaptive cruise control and lane-keeping assistance. The L4 & L5 segment is anticipated to grow at the fastest pace, with companies such as Waymo, Cruise, and Baidu already testing fully autonomous prototypes within just a few years of rapid AI development. These levels allow for complete vehicle autonomy, with L5 having no human intervention at all. When regulations are adapted to changing landscapes and infrastructure is upgraded to meet the needs of full autonomy, L4 and L5 will experience exponential growth. By Propulsion: ICE Vehicles Dominate While EV Segment Accelerates Fastest Growth Internal combustion engine (ICE) vehicles dominated the market in 2023 and accounted for 64% of revenue share, due in part to its high US installed base and ongoing improvements in semi-autonomous functionality. As OEMs take their first steps toward electrification, they need to maintain a fingerhold in the old ICE world relative to the competition and must therefore integrate the autonomous functionality into these legacy platforms. Moreover, the ICE vehicle infrastructure is still strong all over the world, but especially in developing economies where people are expected to resist the switch to EVs, which means there's still demand. Electric vehicles (EVs) are expected to witness the fastest CAGR during the forecast period, attributed to their compatibility with autonomous driving systems. EV architectures provide for easier integration of SD features and driving algorithms with the help of greater efficiency and energy consumption. EV platforms have also been turned into testbeds for autonomous automakers. With new breakthroughs in battery range technology and a growing smart charging infrastructure, the convergence of EV and Autonomous technology will usher in the next frontier of mobility. By Vehicle Type: Passenger Vehicles Lead While Commercial Vehicles Set to Grow Rapidly Passenger vehicles dominated the market in 2023 and accounted for 72% of revenue share due to increasing consumer adoption of driver-assistance systems and safety. With the market for new buyer-acquisition sources getting tighter, automakers are pouring serious dollars into dozens of advanced autonomous software making it into sedans and SUVs with the goal of keeping the customer happy while not splitting their head open on the dashboard, and to differentiate in a split automotive market. The trend regarding software-defined vehicles is primarily driven by consumers Commercial vehicles, however, are projected to grow at the fastest rate due to increasing demand for automated logistics, last-mile delivery, and long-haul freight efficiency. Commercial vehicles will witness the fastest growth. The advantages of autonomous driving trucks, vans, and delivery robots will be the reduction of labor costs, the optimized fleet utilization, and the benefit of speed throughput. Driven by the need for operational scalability, the commercial vehicle segment will witness strong software consolidation. By Software Type: Perception & Planning Leads, Interior Sensing Grows Fastest with Cabin Intelligence Perception & planning software dominated the market in 2023 and accounted for 43% of revenue share, as it serves as the bedrock of autonomous driving systems by providing real-time environmental awareness and trajectory planning capabilities. Such modules fuse input from LiDAR, radar, and cameras they enabling real-time decisions and are therefore critical to anything above the lowest levels of vehicle autonomy. Interior sensing software is expected to grow at the fastest CAGR because of increasing regulatory requirements for driver monitoring, drowsiness detection, and in-cabin safety features. With the transformation of the vehicle cabin into an intelligent, responsive environment, vehicle personalisation and passenger privacy will drive software add-on demand, claimed the report. Buy an Enterprise-User PDF of Autonomous Driving Software Market Analysis & Outlook 2024-2032@ By Region: North America Leads, Asia-Pacific Emerges as Fastest Growing Market North America dominated the autonomous driving software market in 2023 and accounted for 39% of revenue share, due to increased output on the part of automotive OEMs, R&D investments, and regulatory frameworks. With many pilot programs, AV tests infrastructure, and of course, AI innovation centers going on, the U.S., in particular, takes the lead. Asia-Pacific is projected to grow at the highest CAGR during 2024–2032, driven primarily by China, Japan and South Korea. Rising Urbanization, Investments in Smart Mobility, and Government-backed Autonomous Initiatives are Accelerating Regional Adoption. About Us: SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
