February 20, 2015

Carnegie Hall Taps Ronald Perelman to Head Board

The billionaire investor Ronald Perelman was named Thursday as the chairman of Carnegie Hall, succeeding Sanford I. Weill, a banker and longtime board leader, The New York Times writes. Mr. Perelman, 72, has been a Carnegie trustee since 1988 and has donated $30-million to the storied music venue, which he has called "probably the thing in New York that I love the most."

Mr. Perlman, chairman of the cosmetics giant Revlon, is assuming the top position in the middle of a $125-million fundraising campaign intended to broaden Carnegie Hall's artistic offerings, educational programs, and digital initiatives. Carnegie Hall began streaming some concerts last year, and Mr. Perelman said he wants the cultural facility, primarily associated with classical music, to host more rock and pop concerts, as it did in the 1950s and '60s.