Dave Riley, CEO of Telluride Ski and Golf Resort in Colorado is moving from the mountains to the sea shore, according to an announcement from Chuck Horning, resort owner.
Riley begins immediately as CEO of Newport Federal Financial, a subsidiary of the parent company, based in Newport Beach, Calif. He has been Telluride chief executive for the past five years.
Horning said Riley’s new work will include “acquisitions, strategic initiatives, master planning, development, and transactions involving commercial properties, multi-family properties, resort properties, office complexes, ranches, and raw land.”
Horning said Riley will continue to advise him on Telluride, but will primarily be pursuing new projects across North America and Hawaii.