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Edward Mace Joins Viad Corp Board Of Directors

Stocks in this article: VVI

PHOENIX, Dec. 3, 2012 /PRNewswire/ -- Viad Corp (NYSE: VVI) today announced the appointment of Edward Mace as an independent director of the Company's Board of Directors, effective November 29, 2012.  Mr. Mace has also been appointed to serve as a member of the Board's Audit Committee.  Mr. Mace is currently the President of Mace Pacific Holding Company, LLC, a company that works closely with investors and developers in planning the development, redevelopment or repositioning of branded and independent luxury hotels and resorts.

Paul B. Dykstra, chairman, president and chief executive officer of Viad, said, "We are excited to welcome Ed Mace to the Viad Board of Directors.  He brings to our Board extensive experience in the hospitality and leisure industry, a solid understanding of concession management with the National Park Service, and knowledge and experience related to the strategic direction of organizational capital structures, operations, and mergers and acquisitions.  We are confident that he will be an invaluable resource for the travel and recreation segment of our business and look forward to benefiting from his insights."

Mr. Mace, age 61, has nearly 30 years of experience in the hospitality and leisure industry, having served as President of Mace Pacific Holding Company, LLC for six years, and as President of Vail Resorts Lodging Company and Rock Resorts International, LLC from 2001 to 2006. Both companies are subsidiaries of Vail Resorts, Inc., an owner, manager and developer of ski resorts and related lodging.  He also served as President and Chief Executive Officer of Fairmont Hotels & Resorts from 1998 to 2001, as well as Vice Chairman from 2000 to 2001.  He has been a member of the U.S. National Park Service Concessions Management Advisory Board since 2010.  Mr. Mace also served as a director of BRE Properties, Inc., a publicly-traded REIT, from 1998 to 2010.  In addition, earlier in his career he was a partner in the hospitality and real estate consulting practice of KPMG, formerly KPMG Peat Marwick, from 1994 to 1996.  Mr. Mace received a Bachelor of Science degree with distinction from Cornell University, School of Hotel Administration in 1973.

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