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Telski: Riley Moves to New Position as CEO of Newport Federal Financial


Contact: Matt Skinner



Dave Riley



Riley Moves to New Position as CEO of Newport Federal Financial


Telluride, Colorado (August 8, 2012)  Chuck Horning, owner of Telluride Ski and Golf Resort, announced today that Dave Riley, previously CEO of Telluride Ski & Golf Resort, has been reassigned as CEO of Newport Federal Financial, a subsidiary of the parent company in Newport Beach, CA.


Riley will start immediately as the new CEO of Newport Federal Financial. His work will include acquisitions, strategic initiatives, master planning, development, and transactions involving commercial properties, multi-family properties, resort properties, office complexes, ranches and raw land. Riley will be based out of the Newport, CA, office and will travel extensively in the new position.


“Dave Riley has a keen eye for new opportunities, and is visionary when it comes to planning, growth and expansion initiatives,” said owner Chuck Horning. “I’m excited to work with him in this capacity at Newport Federal Financial.”


Riley has been CEO of Telluride Ski & Golf for the past five years, overseeing terrain expansion, Revelation Bowl chairlift construction, expanded snowmaking, the opening of seven new retail stores and three new restaurants, and growth of the property management division, Telluride Resort Lodging. The resort has enjoyed high rankings in the national ski journals and publications during his tenure.


“I’m very excited about the opportunity to seek out new acquisition and development projects for Newport Federal Financial,” said Riley. “This is a good time to be in the market for acquisitions.”


Riley will continue to advise Chuck Horning on Telluride Ski & Golf matters as required, but will primarily be pursing new projects across North America and Hawaii.