Baron Capital backs Vail Resorts board against Oasis proxy fight
The gist
Baron Capital, holding about 18% of Vail Resorts, will vote for the company's board slate and CEO Rob Katz.
The vote at the December 14 annual meeting decides whether activist Oasis wins four board seats.
How it unfolded
- Dec 11, 2025Ron Baron said the tech selloff is an opportunity and that he is never selling his personal Tesla stake.
- Oct 30, 2026Baron said in a statement that his firm will vote for Vail Resorts' nominees and support the leadership of current CEO Rob Katz in the proxy fight against Oasis Management.
- Oct 31, 2026Baron Capital, which controls approximately 18% of Vail Resorts, announced it will vote for the company's slate and oppose Oasis's four dissident nominees; Vail shares slipped 1.74% on Friday. Shareholders of record as of October 19 will vote at the annual meeting scheduled for December 14.
Key terms
- proxy fight
- An unfriendly contest for control of an organization in which activists seek shareholder proxy votes to change management or directors.
- board slate
- A group of candidates running together on a common platform for multiple seats in an election.
Source: Wikipedia