New President and COO for Intrawest

Intrawest Corporation has announced that Alex
Wasilov has been appointed to the company’s newly created position of
president and chief operating officer.Mr. Wasilov will lead the operating
divisions of Placemaking; Mountain Resorts; Lodging, Golf and Spa; Adventure
and Active Travel; and Corporate Development and will report directly to Joe
Houssian, chairman and chief executive officer of Intrawest Corporation.
  Mr. Wasilov has been a member of Intrawest’s Board of Directors since
February 2005 and brings to this senior position a wealth of experience. Prior
to this appointment, Mr. Wasilov was president of Hirtle, Callaghan & Co., a
$12 billion financial asset management firm. He has served in a number of
other senior leadership roles, including president of Rosenbluth
International, a travel management company operating in 57 countries and with
sales in excess of $3 billion. Other senior roles included chief operating
officer of Eastman Kodak Company, president of Kodak China and president of
Xerox Emerging Markets where he was responsible for Xerox operations in
Europe, China, Russia, India and other parts of the world. Mr. Wasilov serves
as director on numerous corporate boards and holds an MBA from the University
of Rhode Island.
  “Alex is a mature, experienced executive who has a proven track record of
taking Fortune 100 companies to new levels in a global context,” said Joe
Houssian. “Alex is a great new asset for our company, and I look forward to
working with him as we continue to firmly establish Intrawest as the world
leader in destination resorts and adventure travel.”
  Intrawest also announced that Drew Stotesbury has been appointed
president of Intrawest Placemaking and will report directly to Alex Wasilov.
Mr. Stotesbury, the former chief financial officer of Intrawest Placemaking
and since November 2005 the division’s acting president, brings to the
position more than 20 years of senior level financial and operating experience
in the resort and lodging sectors.
  “A key component to the success of Intrawest is the strength and
diversity of our real estate organization,” said Joe Houssian. “Drew’s
distinct leadership qualities have enabled him to make a very impressive
impact within our organization since his arrival in 2004. His disciplined
financial approach provides the structure required to foster the tremendous
growth of our real estate division.”