How the Co-op Works

Becoming a Co-op Shareholder

A share in the Mad River Cooperative costs $2,000. Shares may be purchased through a single payment or in 40 monthly installments of $50 with a $150 down payment. The installment option enables anyone who loves and appreciates Mad River to become an owner for as little as $50 per month. Either way, you start enjoying the benefits immediately! The only other cost is the annual advance purchase requirement (APR) of $200. Since advance purchases can be applied to nearly every product and service on the mountain, including season passes, tickets, ski school and food, the advance purchase requirement does not represent an additional expense for most shareholders.

Co-op Philsophy

The Mad River Glen Cooperative’s mission is to protect forever the classic Mad River Glen skiing experience by preserving low skier density, natural terrain and forests, varied trail character, and a friendly community atmosphere for the benefit of its shareholders, personnel, and patrons. The staff and the Board of Trustees are guided by the Co-op’s Strategic Plan and the Co-op By-laws.

Co-op Structure

The Mad River Glen Cooperative is governed by the Co-op’s By-Laws. The mountain is operated by the staff under the leadership of the General Manager. The GM is hired and evaluated by the Co-op’s Board of Trustees, whose nine-members are elected by the Co-op Shareholders. There are 6 in-seats and 3 out-of-state seats on the board all with three year terms. There is a two-term limit for Trustees. The Trustees meet roughly 10 times per year and there is an Annual Co-op Shareholders Meeting each year on the first Saturday in April. The Mad River Glen Cooperative’s annual Co-op Shareholder’s Meeting will take place on Saturday April 6, 2019. The meeting will take place at 5 pm on the 3rd floor of the Basebox Lodge. All Co-op Shareholders are welcome to attend the meeting and are encouraged to vote in the election.

Executive Committee

Eric Palola, President  (In-State Seat)
Meg Schultz, Vice President (In-State Seat)
Meg Hourihan, Treasurer (In-State Seat)
Ron Shems,  Secretary (In-State Seat)

Other Trustees on the Board:

Leigh Michl (In-State Seat)
Matt Kenny (Out-of-State Seat)
John Tobin  (Out-of-State Seat)
Barclay Rappeport (In-State Seat)
Matthew Milan (Out-of-State Seat)

Finance Committee

Chair:  Meg Hourihan, Treasurer
The Finance Committee generally meets the Wednesday before each monthly Board Meeting at 8am via a conference call.  For more information about Finance Committee meetings contact the Treasurer.

Mission Statement:
The Finance Committee of the Mad River Co-op will meet regularly and perform a review of interim financial statements, operating budgets, and forecasts. It will also act as an advisory committee for management on financial issues, as they arise. The Committee will review financials for compliance with previously established guidelines and conformity to the co-op’s long term financial plans; review long range financial plans in an advisory capacity for management and the board; and meet with Auditors to review or resolve any issues that they identify, and report back to the Board. The Committee will be available to the Board and Mad River Management to review any and all financial issues that come before the Board, as requested.

Facilities Committee

Chair: Britton Rogers
The Facilities Committee meets on an as needed basis, generally 6 times per year.  For more information on Facilities Committee meetings contact the chair at

Mission Statement:
1) The Committee in conjunction with the Management will provide input to the Board of Directors on the general facilities at Mad River Glen to include the descriptions, conditions, and general information on all facilities at the ski area. (NOT included in this scope would be the mountain trails, flora and fauna, and related elements, ie water bars, signs, culverts, etc.)

2) The Committee in conjunction with the Management will make recommendations on the needed and/or required improvements, maintenance and general upkeep of the facilities.

3) The Committee in conjunction with the Management will undertake specific assignments from the Board related to develop consensus architectural vision which will govern subsequent construction projects, establishing building design criteria, conducting design reviews, recommendations and/or establishing an approval process.

Elections & Board Development Committee

Chairs: Matt Kenny & Barclay Rappeport
The Elections & Board Developments Committee meets on an as needed basis.  For more information on the Committee or to inquire about running for the board contact Barclay Rappeport.

If you are interested in running for a seat on the Co-op’s Board of Trustees you can learn more about the process by reviewing the Trustees Election Procedures.  Please contact Election & Board Development Chair  for any additional information or to declare your candidacy for the Trustee Elections. Candidates must declare by January 15.

Fundraising Committee

Chairs: Annika Holtan & Eric Palola

Have a Question or Concern? 

You are encouraged to become involved with the Co-op and your input is important to us. However, we ask that you do not confront Mad River Glen employees directly with your comments or complaints. Please use the following liaisons to field your questions, comments, and concerns:

Eric Friedman: Shareholder Relations & Marketing Director
802-496-3551 ext. 111 or via e-mail;

Matt Lillard: General Manager
802-496-3551 ext. 114 or via e-mail;

Co-op Board of Trustees