Business

Jackson Hole’s sale to local investors finalized

JACKSON, Wyo. — On Feb. 2, a deal teased last summer for the sale of Jackson Hole Mountain Resort (JHMR) from the Kemmerer Family to a pair of independent, local investors, Mike Corbat and Eric Macy, was finalized.

Corbat and Macy were part of the resort’s board of directors and have been involved in running the resort. They will continue in their leadership roles post-sale.

“The Kemmerer family is proud and happy to pass our legacy asset into capable hands,” said Jay Kemmerer, who has served as the Chairman of JHMR since 1992. “Mike Corbat and Eric Macy are great friends and will do an outstanding job leading Jackson Hole Mountain Resort.”

According to a press release, Corbat and Macy do not anticipate any changes to current business operations at JHMR, as it will remain outside the portfolios of resort conglomerates. The two previously spent time working in finance, with Corbat serving as CEO of Citigroup from 2012 through 2021.

 

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