The Center for the Performing Arts in Carmel has extended CEO Steven Libman's contract through 2016, the board of directors announced Wednesday.
Terms of the new five-year contract were not disclosed. Libman joined the center in September 2009 from San Diego, where he had been managing director of the La Jolla Playhouse. Libman earned $200,000 in his first year in Carmel.
"As we near the completion of the construction phase, the Center for the Performing Arts is building a phenomenal leadership structure both at the oversight level and the executive management level," Chairman Rollin Dick said. "The board's vote is crucial to ongoing success and vitality."
The center has opened a 1,600-seat concert hall and 200-seat studio theater. The Tarkington, a 500-seat theater, will open in August.
The center's board of directors also approved the addition of three members, Judith Roudebush, who is also on the board of the Indianapolis Children's Choir; former Eli Lilly and Co. CEO Randall Tobias; and Pamela Campbell Williams, vice president and litigation counsel at Wellpoint Inc.
The center has also taken on Michael Feinsten Foundation, which is housed at the Palladium concert hall, as an affiliate organization. The Feinstein foundation will keep a separate board of directors, but Libman will oversee both organizations. The new arrangement does not result in any staff changes.
Feinstein was named artistic director of the center in 2009 with a two-year contract worth $500,000.