Cynthia J. Brinkley, Saint Louis Symphony Orchestra (SLSO) Chairman of the Board of Trustees, announced today that Randy Adams, President and Executive Director, has submitted his resignation, but will continue in his current role until June 2007.
"Over the past six years Randy's accomplishments are monumental. He not only has transformed this organization financially, but he has created a working model that is being emulated throughout the symphony world," said Brinkley. "He was instrumental in leading this organization from possible bankruptcy in 2001 - at a time when the Orchestra's endowment had reached a lowly $18 million -- to a healthy, financially stable organization with an endowment that now stands at $134 million," Brinkley continued. "Although financial challenges remain today for this organization, Randy has provided the framework for us to succeed. Because of his perseverance and dedication to this organization, generations of patrons will get to enjoy one of the world's top orchestras for many years to come. We will start making plans immediately to find a successor and will form a search committee comprised of board members, staff members, Music Director David Robertson and musicians," said Brinkley.
Adams' accomplishments include increasing the SLSO's endowment to $134 million and spearheading more than $160 million in total support for the symphony in the past six years. He signed an innovative and highly in-demand music director and conductor, David Robertson, and recently extended his contract through 2010. Adams also helped restore corporate and donor confidence in the viability of the SLSO.