No Country for Old Men: Met Opera General Manager Peter Gelb Takes Pay Cut In Hopes of Curbing Company's Downward Spiral
The Met Opera has hit some hard times, and those times just continue to fall closer to the floor as the company seeks concession from its workers amid labor talks and contract negotiations.
Thus, now wouldn't be the best time for general manager Peter Gelb to accidentally drop his pay stub in front of everyone--a ticket worth $1.8 million (but has said that he has taken a pay cut since).
A tax return disclosed the egregious sum, a return nonprofits are required to make each year per the New York Times, and it couldn't' have come at a more sensitive time.
If you haven't heard from us before, Classicalite reported that the Met opera had been in talks with its union workers to discuss pay cuts and renegotiate contracts. The struggle is considered "one of the biggest financial challenges in its 131-year history."