The move came a day after Mr. Perelman, who ascended to the chairmanship seven months ago, circulated an email calling for greater board oversight of the venerable New York venue’s executive and artistic director, Clive Gillinson.
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Billionaire Ronald O. Perelman who became chairman of Carnegie Hall in February, announced he will step down next month, because he had been frustrated that they had been slow to investigate his concerns about the governance of the hall.
In an e-mail to members of Carnegie Hall’s board of trustees on Wednesday, Perelman, chairman and CEO of MacAndrews & Forbes, made allegations about a “lack of transparency” in operating the concert hall.
Perelman – whose donations have funded the upcoming Perelman Center for Political Science, the Perelman Quadrangle and other aspects of the University – has been a trustee at Carnegie Hall since 1988, a member of its executive committee since 2010 and vice chairman since 2012. Perelman specifically questioned the handling of third-party transactions by Gillinson, which were detailed in leaked e-mails.
Perelman, a Wall Street bruiser, has advocated bringing more pop music to Carnegie Hall. He also highlighted concerns about “the manner in which related-party transactions were being identified, vetted and approved”.
Len Blavatnik. Blavatnik also owns Warner Music Group. He is one of four lawyers who had been proposed after a Carnegie Hall executive committee meeting in August, according to a person close to the matter. There is value conferred upon Warner Music by its association with Carnegie Hall through the prize, Mr. Perelman said.
Dave Kotinsky/Getty Images Ronald Perelman said the board wanted to see Carnegie Hall’s financial operations but was denied.
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Later that evening, Mr. Weill said he was looking forward to seeing what Mr. Perelman would do at the hall.
