Vail Resorts has announced a significant leadership change as Rob Katz returns to the role of CEO following the resignation of Kirsten Lynch. This decision comes after a challenging season for the company, particularly at Park City Mountain. Investors have reacted positively to the news, with the stock climbing amidst optimism surrounding the leadership transition. Katz, who had previously led the company and was instrumental in launching the Epic Pass, is expected to steer Vail Resorts through current challenges, including strikes and sluggish demand.