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Tim Boyd Biography
Timothy D. Boyd grew up in Valley Park, Missouri, son of Glenn Boyd (Boyd Contracting Inc.). Boyd graduated from Lindbergh High School, playing golf, football, and basketball. Ironically, despite his future in the industry, Boyd was not a skier.
Boyd studied business at University of Missouri-Columbia while on a golf scholarship, graduating in 1975. Boyd would marry fellow Lindbergh High School graduate Melissa "Missy" Kuelker.
In 1977, Boyd purchased the Hidden Valley golf course in Wildwood, Missouri, where he struggled at first to turn a profit. In 1979, while in Lake Tahoe, Boyd skied for the first time.
In 1982, Boyd, with the help of his father, opened a small ski area at the golf course. Two years later, he opened Snow Creek, MO.
On September 24, 1997, he incorporated Peak Resorts, Inc., rolling his existing recreation holdings into the new entity. Also in 1997, Paoli Peaks, IN, was added to the company.
In 2002, after looking into other operating or abandoned New England ski areas (including Temple, NH), Peak Resorts purchased the defunct Crotched Mountain, NH ski area.
In December 2002, Peak Resorts purchased Boston Mills, OH and Brandywine. The following December, newly rebuilt Crotched Mountain, NH reopened.
On December 1, 2005, Peak Resorts agreed to a 28 year lease of Big Boulder, PA and Jack Frost, PA.
In December 2005, Entertainment Properties Trust purchased Mad River Ski Resort, OH, with Peak Resorts obtaining a long term lease.
On April 5, 2007, Peak Resorts, with financing from Entertainment Properties Trust, purchased Attitash, NH and Mt. Snow, VT from American Skiing Company. Mt. Snow became the largest ski area in the Peak's portfolio.
On Ocotber 30, 2007, Peak Resorts entered into what would be a $41 million financing agreement with Entertainment Properties Trust, covering Jack Frost, PA, Big Boulder, PA, Paoli Peaks, IN, Boston Mills, OH, Brandywine, OH, Hidden Valley, MO, and Snow Creek, MO.
On October 20, 2010, Peak Resorts acquired Wildcat, NH, thereafter marketing it with nearby Attitash.
On April 18, 2011, Peak Resorts filed a Form S-1 with the U.S. Securities and Exchange Commission, a step toward a potential $40 million public stock offering.
Tim Boyd is currently Chief Executive Officer and President of Peak Resorts. His son, Jesse, is Vice President of Resort Operations.
Tim Boyd Related Resources on NewEnglandSkiHistory.com:
Peak Resorts
Attitash
Crotched
Mt. Snow
Tim Boyd External Links:
Last updated: April 23, 2011
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