Rochester- August 2024- The Mayo Clinic Board of Trustees elected Michael (Mike) Shannon, former chairman, co-founder, and CEO of KSL Capital Partners, at its quarterly meeting on August 9.

“Mr. Shannon brings an extensive background in hospitality and finance together with a lifelong passion for improving healthcare, especially mental health, and broad experience serving on various educational and healthcare boards,” says Gianrico Farrugia, M.D., Mayo Clinic president and CEO. “Throughout his work and service, he has driven transformational change, and his valuable counsel will help us do the same across the healthcare sector.”

Mr. Shannon brings a diverse and accomplished background to his role as a Mayo Clinic trustee. As the vice chair of the board at Northwestern University and the former chair of both the University of Wisconsin Foundation and Eisenhower Health, he has demonstrated a strong commitment to education and healthcare. During his tenure as board chair of Vail Health, he significantly contributed to philanthropy by establishing Eagle Valley Behavioral Health and its research unit, Behavioral Health Innovation Center, which increases access to quality mental health services.

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At KSL Capital Partners, Mr. Shannon created and led one of the world’s leading private equity firms specializing in hospitality and consumer leisure investments. Before that, Mr. Shannon was the chairman and CEO of Vail Associates, where he guided the renowned Vail and Beaver Creek Resorts and elevated standards for consumer experience and operational success.