And with both of my daughters, Charlotte and Caroline, having grown up in the ski business, and with MBA degrees, I am grateful that they have the interest and aptitude to lead the family business in the coming years.” “I have long believed that the best model for destination ski areas of our size is multi-generational family ownership. “I am very happy that this transaction will enable Lutsen Mountains to continue as a family-run business”, said Charles. “The main condition to selling was that the business be left in capable hands, and I am confident that with continued family ownership, and the superb team of key staff in place, that the future of Lutsen Mountains is bright.” “Having devoted three decades of my life to Lutsen Mountains, the decision to sell my interest was difficult and comes with many mixed emotions”, explained Rider. Tom contributed enormously to this business and I feel very fortunate to have been able to work alongside Tom all of these years”. “Knowledgeable, smart, extremely skilled, and a superb human being. “Tom has been a terrific partner over the last 31 years”, said Skinner. Charles and son-in-law Tom have run the resort together since joining the business in the early 1990s. The ski resort was founded in 1948 by George Nelson, Jr., which he ran until purchased by Charles’ father in 1980. The transaction ensures that the iconic North Shore ski resort, that caters to Midwestern families, will continue to be owned and operated by the Skinner family. Following the purchase, Charles Skinner will continue as the sole owner and President of Lutsen Mountains, as well as Granite Peak ski resort in Wausau, Wisconsin. Lutsen, Minnesota – Janu– Lutsen Mountains today announced the purchase of the 50% ownership interest of Co-President Tom Rider. Purchase ensures continued family ownership of resort ![]() The Midwest has been plagued by mismanagement of ski areas by Vail Resorts, and it’s nice knowing that Lutsen and Granite will stay independent for the foreseeable future.Ĭheck out the full press release below for more information: Lutsen Mountains Ski Resort Announces Good to know that these resorts are staying locally-owned and operated. Skinner is now the owner of two of the region’s biggest and best ski areas. ![]() Skinner recently purchased Lutsen Co-President Tim Ridder’s 50% shares of the resort. ![]() Charles Skinner is now the sole owner of both Lutsen Mountains, MN and Granite Peak, WI. Got some big news for all of you Midwesterners that follows us here at Unofficial Networks.
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