Tuesday, October 28, 2008
Non-Profit Theatre Execs Make Big Bucks
Just when you thought the only fat cats getting bonuses this year were on Wall Street, think again. The boards of certain NY theater companies feel that there are some bigwigs who deserve some perks in addition to their already extraordinary salaries. Case in point, Todd Haimes, AD of the Roundabout Theatre Company, was rewarded with a guaranteed $3.2 million bonus, on top of his $480,000 salary, if he stays on board until 2018. Lynne Meadow and Barry Grove at Manhattan Theatre Club each earn around $485,000 a year, up 84% since 1998. Andre Bishop and Bernard Gersten at Lincoln Center pull in around $430,000. Joe Dowling of the Guthrie earned $682,229, plus a one time bonus of $100K tied to their new complex. Oskar Eustis at the Public seems to be the only poor house boy, only making $277, 568, down 2% from last year. And here I am, losing my job in two weeks, wondering where the rent is coming from. Maybe one of these fortunate souls can spare a dime. See the full Bloomberg article here.