Killington Resort to Be Sold to Local Investors

Killington Resort and Pico Mountain, New England's largest ski area, have been sold by POWDR to a group of local passholders. The new ownership group is led by Phill Gross and Michael Ferri, both longtime Killington homeowners and active members of the skiing community. Despite the sale, POWDR will retain a minority stake and a seat on the board of directors, ensuring some continuity in oversight.

The new owners plan to focus on capital investment, community engagement, and sustainability to enhance the resort's operational excellence and hospitality. Daily operations will continue under the Ikon Pass, with no changes to the current leadership, management, or front-line teams. This move aims to keep the resort's management local and responsive to the needs and desires of the community and guests. The sale is expected to be finalized this fall, pending standard closing conditions and necessary approvals.