The Wall Street Journal reports a breakdown of relations at Carnegie Hall between the new chairman, Ronald Perelman, and the English executive director, Sir Clive Gillinson.
Perelman accuses Gillinson of failing to obtain board approval for major deals, such as a branded competition funded by Warner’s Len Blavatnik. For a period of 24 hours last month, Gillinson was suspended from his job.
This is not over yet. Read here.
Perelman, a Wall Street bruiser, has advocated bringing more pop music to Carnegie Hall.
UPDATE: Perelman quits, but it’s still not over.