The Aspen Skiing Company (ASC), located in Aspen, Colorado, was founded in 1946 by Chicago-based
industrialist and philanthropist Walter Paepcke and his wife Elizabeth. Originally a mining
town, Aspen began attracting recreational skiers after the 1932 Winter Olympics in Lake Placid, New
York began to draw Americans’ interest in the sport. In 1938, the Paepckes took a trip to Aspen and,
after falling in love with the surroundings, envisioned transforming the town into a cultural center,
whose purpose would be the “renewal of the inner spirit.” In 1945, Walter began acquiring land and
met with the original founder of Aspen’s ski club and school, which he was looking to acquire. A deal
was struck and in January 1946, the Aspen Skiing Company was incorporated.
In its first year, ASC established a chair lift, a ski patrol, and held three races that garnered its
difficult mountain terrain some notoriety. In 1950, Aspen hosted the United States’ first world skiing
competition, which attracted over 1,500 people and gave ASC worldwide visibility. After several
subsequent changes in ownership, ASC became privately owned in 1993 by the Crown family of
We are a values-driven company, owned and operated by people who share a common appreciation and respect for the pristine environment in which we live and fully embrace the Aspen Idea centered around the renewal of Mind, Body, and Spirit.
We have a collective responsibility to ensure that our company is a rewarding place to work and our community a desirable place to live. We respect and nurture the delicate balance between “resort” and “community” that makes us unique. The combination of our values-based company with unparalleled mountain sports, community, history, culture and environment gives us a unique market niche. We are successful because we live the values and principles expressed here.