Taking One for the Team
“At the Metropolitan Opera the general manager, Peter Gelb,
cut his
$1.5 million salary [...] in response to
declining donations, ticket sales and endowment, and recognizing that
the opera’s budget would have to shrink across the board.
‘An example had to be set,’ said Mr. Gelb, whose salary
is now $1.3 million. ‘As the head of the institution, I felt it
necessary that it begin with me.’”
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