It’s Official: Jackson Hole Mountain Resort Sold to New Independent Owners

JHMR's owners since 1992, the Kemmerer Family, have officially sold the resort to new independent owners. While the deal was teased last summer, it has officially been finalized, marking the end of a "highly successful and transformative 32-year run of ownership" and placing the resort in the hands of local investors Mike Corbat and Eric Macy.

Owners Jay, Connie, and Betty Kemmerer had hoped to keep the resort independent and family-owned. Successfully preventing the resort from being gobbled up by a large conglomerate, the Kemmerer Family found "the perfect buyers... in Corbat and Macy, who are both full-time residents of Jackson Hole." Corbat and Macy have served as JHMR board members for two and nine years, respectively. Corbat and Macy both have a work history in the finance world, with Corbat serving as CEO of Citigroup from 2012 through 2021.

Given that the new owners are already embedded in JHMR as board members, it's more than likely that the resort will continue to function as usual. Remaining outside the purview of big conglomerates, JHMR will be serving up independently owned powder days for years to come.

Financial details of the private transaction will not be disclosed.

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