CMU School of Drama


Monday, October 08, 2007

Kimmel president sets her priorities

Philadelphia Inquirer: "New president and chief executive officer Anne Ewers has been in place 90 days, and what's obvious to her already, after speaking with dozens of Kimmel staffers, board members and resident companies, is that before the center can move on, it must alleviate its $30 million construction debt, double its $40 million endowment, plan a round of renovations to liven its street presence, and address a series of complex acoustical issues in Verizon Hall."

2 comments:

NorthSide said...

I'm rather surprised that the Kimmel Center is in such debt. It was only a few years about they were fundraising for their organ. I understand that having one of the largest organs in the nation is rather impressive, why would they reach for that goal when they were millions of dollars in debt. I think the last president focused or relied too much on making the Kimmel Center a prime destination to bring in money rather than focusing on more reliable ways of bringing in the cash. I feel like the past president totally screwed over the new president.

Derek said...

Yeah, the new president really came in needing to fix a lot of problems quickly if she is going to make much headway. If it wasn't for the debt that the center already has, then they might be able to gradually over time bring in things like the largest organ, and not have to take time off like they will have to do now to fix the debt problems. But clearly the previous president had little interest in the longevity and wellbeing of the center in the longterm.