{"id":397,"date":"2003-11-13T08:26:16","date_gmt":"2003-11-13T16:26:16","guid":{"rendered":"http:\/\/www.artsjournal.com\/artfulmanager\/wp\/2003\/11\/says_you\/"},"modified":"2003-11-13T08:26:16","modified_gmt":"2003-11-13T16:26:16","slug":"says_you","status":"publish","type":"post","link":"https:\/\/www.artsjournal.com\/artfulmanager\/main\/says_you.php","title":{"rendered":"Says you…"},"content":{"rendered":"

If there were a encyclopedia entry on the challenges of high-power nonprofit cultural boards, American Ballet Theater’s board would certainly be the group photo. Yet another case in point for the uber-board’s dysfunction comes thanks to Movado watch chairman Gedalio Grinberg, who plucked his company’s traditionally generous annual support from ABT and gave it to rival New York City Ballet<\/a>. The highly public ‘dressing down’ is now fodder for the financial and cultural media (see the Financial Times<\/a>, or the New Jersey Star-Ledger<\/a>, or the today’s New York Times<\/a>).<\/p>\n

\nABT has a proud history of contempt and power struggles among its board, and has a growing stack of disgruntled or discarded Executive Directors to prove it. With a $35 million annual operating budget, there isn’t much choice but to gather New York’s rich and powerful to governance. But it also seems a fact of nature that such a gathering will devolve to a sort of high-society ‘Lord of the Flies’.<\/p>\n

\nAt issue in this particular dispute is what Grinberg claims to be an increasing financial reliance of ABT on the board’s new chairman, Lewis S. Ranier, and a decreasing availability of relevant and accurate financial reports. Ranier responded that he has “nothing but respect” for Grinberg, and that the loss of the corporate support was a wonderful opportunity for ABT (in my head, I’m thinking ‘Rolex’).<\/p>\n

\nThis one will be worth watching in Google News<\/a>, if only for the combination of fascination and disgust that’s usually reserved for reality TV. The sad part here is that there’s actually something at stake.<\/p>\n

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If there were a encyclopedia entry on the challenges of high-power nonprofit cultural boards, American Ballet Theater’s board would certainly be the group photo. Yet another case in point for the uber-board’s dysfunction comes thanks to Movado watch chairman Gedalio Grinberg, who plucked his company’s traditionally generous annual support from ABT and gave it to […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-397","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-main","7":"entry"},"_links":{"self":[{"href":"https:\/\/www.artsjournal.com\/artfulmanager\/wp-json\/wp\/v2\/posts\/397","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.artsjournal.com\/artfulmanager\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.artsjournal.com\/artfulmanager\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.artsjournal.com\/artfulmanager\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.artsjournal.com\/artfulmanager\/wp-json\/wp\/v2\/comments?post=397"}],"version-history":[{"count":0,"href":"https:\/\/www.artsjournal.com\/artfulmanager\/wp-json\/wp\/v2\/posts\/397\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.artsjournal.com\/artfulmanager\/wp-json\/wp\/v2\/media?parent=397"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.artsjournal.com\/artfulmanager\/wp-json\/wp\/v2\/categories?post=397"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.artsjournal.com\/artfulmanager\/wp-json\/wp\/v2\/tags?post=397"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}