On Sept. 29, the Board of Directors of the Atlanta Symphony Orchestra announced that President and CEO Stanley E. Romanstein had resigned his post effective immediately as management and musicians continue to be embroiled in a labor dispute. In a released statement, Romanstein said, “I believe that my continued leadership of the ASO would be an impediment to our reaching a new labor agreement with the ASO’s musicians.”
On Sept. 22, the ASO had announced that it would cancel concerts through November 8th. “We’ve made this decision with a great deal of reluctance,” Romanstein said at that time. “Cancelling concerts is the last thing any of us wants to do, but…we feel we have no choice… These are the unfortunate economic realities that we face. If we are to have a strong future, we must take care of our business now to make sure we stay in business.”
The ASO had operated in the red for 12 consecutive years, including a $2 million deficit for 2014. The contract between management at the Atlanta Symphony Orchestra Players Association expired on Sept. 6th without agreement on a new contract. Both sides have recently agreed to use a federal mediator to help resolve the dispute.