Thomas F. Marano Intrawest Resorts Holdings, Inc. (NYSE:SNOW), a leading North American mountain resort and adventure company, today announced the hiring of Thomas F. Marano as the Company’s Chief Executive Officer, effective immediately. Mr. Marano will also serve on the Company’s board of directors. Prior to joining Intrawest, Mr. Marano was Chairman and Chief Executive Officer at Residential Capital LLC (also known as ResCap) from 2008 to 2013. From April 2008 to April 2009, Mr. Marano was a Managing Director at Cerberus Capital Management, where he led mortgage activities and had oversight of ResCap. Mr. Marano served as non-executive Chairman of ResCap until August 2008, then Chairman and Chief Executive Officer. In April 2009, Mr. Marano became the Chief Capital Markets Officer of GMAC as well as the Chairman and Chief Executive Officer of ResCap. Prior to this, Mr. Marano served at Bear Stearns for 25 years where he was the Head of Global Mortgage and Asset Backed Trading and Originations from 2006 to 2008. He also serves as a Trustee at the Intrepid Fallen Heroes Fund. Mr. Marano holds a Bachelor's Degree from Columbia College in New York City.