Based out of Intrawest's global headquarters in Vancouver, Canada, Forsayeth has served in a variety of roles, most recently as chief financial officer for Cara Operations Ltd., the largest operator of full service restaurants in Canada and a leader in the airline catering, foodservice distribution and travel concession industries.
During his eight-year tenure with Cara, Forsayeth led and financially engineered all aspects of the business, including Cara's privatization transaction that came to a successful completion in February 2004.
"We are extremely pleased to welcome Michael to Intrawest's executive team," says Wasilov. "He brings a broad base of financial experience and global expertise to Intrawest, as well as a solid reputation among the financial community and a deep understanding of Intrawest's business. I am confident that Michael will drive our unrelenting focus on building value for Intrawest's shareholders." \