Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On August 13, 2012, Jeffrey W. Jones, Chief Financial Officer and President - Lodging, Retail, Real Estate of Vail Resorts, Inc. (the "Company"), notified the Company of his retirement, effective December 31, 2012. Mr. Jones will continue to serve in his current capacity until the effective date of his retirement. The Company intends to begin a search for Mr. Jones' successor immediately. Also on August 13, 2012, Mr. Jones notified the Company of his retirement from the Board of Directors, effective when his term ends at the Company's 2012 Annual Meeting of Stockholders.

A copy of the Company's press release announcing Mr. Jones' retirement is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

A list of exhibits furnished herewith is contained on the Exhibit Index which immediately precedes such exhibits and is incorporated herein by reference.