IBJNews

Carmel officials confirm Feinstein appointment

Back to TopCommentsE-mailPrintBookmark and Share

Singer Michael Feinstein will make as much as $400,000 in a single year to serve as artistic director of the Regional Performing Arts Center that’s still under construction in Carmel, officials confirmed this morning.

The Carmel Performing Arts Foundation, which will operate the center, officially announced Feinstein’s hiring today and disclosed some details of his two-year contract.

Feinstein will earn $100,000 in his first year and $400,000 in the second. He starts work immediately, the foundation said.

IBJ reported in August that Feinstein had signed on to be the center’s artistic director.

Feinstein owns the Great American Songbook Collection, which includes sheet music, posters, recordings and other artifacts of the genre. The Michael Feinstein Foundation for the Preservation of the Great American Songbook has moved to Carmel. Feinstein plans to display some of the collection at the arts center. He also has purchased a house in Carmel.

“I have been involved with the Regional Performing Arts Center for a while now, deciding to make it the new home of my Collection back in the summer of 2008,” Feinstein said in a prepared statement. “Along the way, I continued to become more invested in the center and the region. I know that the center and my Great American Songbook Collection will be an important fixture for the entire area, and I’m proud to attach my name to both.”

Feinstein will also perform at the center several times a year.

At an average of $250,000 per year, Feinstein will be one of the highest paid executives at a local arts organization.

Max Anderson, CEO at the Indianapolis Museum of Art, earned $434,000 in 2008, museum spokeswoman Katie Zarich said.

Mario Venzago, the outgoing music director of the Indianapolis Symphony Orchestra was paid $388,695 in 2008. Simon Crookall, president and CEO of the ISO, made $231,288.

Feinstein’s contract was negotiated by the original trustees of the performing arts foundation, which included Mayor James Brainard and two city employees. The three trustees also hired Steven Libman, who began work this month as executive director.

Brainard left the board after Libman’s hiring. Long-time local business executive Rollin Dick is the new president of the foundation’s board. Rosemary Waters also joined the board. Carmel City Attorney Douglas Haney and spokeswoman Nancy Heck continue to hold their seats.

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. How can any company that has the cash and other assets be allowed to simply foreclose and not pay the debt? Simon, pay the debt and sell the property yourself. Don't just stiff the bank with the loan and require them to find a buyer.

  2. If you only knew....

  3. The proposal is structured in such a way that a private company (who has competitors in the marketplace) has struck a deal to get "financing" through utility ratepayers via IPL. Competitors to BlueIndy are at disadvantage now. The story isn't "how green can we be" but how creative "financing" through captive ratepayers benefits a company whose proposal should sink or float in the competitive marketplace without customer funding. If it was a great idea there would be financing available. IBJ needs to be doing a story on the utility ratemaking piece of this (which is pretty complicated) but instead it suggests that folks are whining about paying for being green.

  4. The facts contained in your post make your position so much more credible than those based on sheer emotion. Thanks for enlightening us.

  5. Please consider a couple of economic realities: First, retail is more consolidated now than it was when malls like this were built. There used to be many department stores. Now, in essence, there is one--Macy's. Right off, you've eliminated the need for multiple anchor stores in malls. And in-line retailers have consolidated or folded or have stopped building new stores because so much of their business is now online. The Limited, for example, Next, malls are closing all over the country, even some of the former gems are now derelict.Times change. And finally, as the income level of any particular area declines, so do the retail offerings. Sad, but true.

ADVERTISEMENT