Billionaire businessman Ronald Perelman told the Carnegie Hall board on Thursday he will leave his position as chairman amid his accusations of financial mismanagement at the New York institution.
During a meeting of the iconic venue’s executive committee, Perelman, 72, said that he will depart next month, according to The Wall Street Journal.
Perelman, who became the hall’s chairman in February and has been a trustee since 1988, has accused the hall’s executive director, Clive Gillinson, of improper financial behavior and its board of poor oversight.
Board members at the meeting said they would still look into Perelman’s accusations about a “lack of transparency” in operating the concert hall, the Journal reported.
In an letter e-mailed Wednesday to members of Carnegie Hall’s board of trustees, Perelman, also the CEO of investment firm MacAndrews & Forbes, noted that in the spring he discovered “a troubling lack of transparency and openness in the way Clive Gillinson was interacting with me and the board.”
A Carnegie Hall spokesman did not immediately return calls for comment.