A fairly large audience in 2500-seat Verizon Hall Only 1000 showed up for the gala... |
Just about as quickly as it began, albeit with less drama, the Philadelphia Orchestra strike has ended. Friday, September 30 was a black day throughout Pennsylvania as Pittsburgh hit the pickets in the morning and Philly walked out shortly before the gala concert, a program filled with the well-heeled. In fact, patrons were left sitting in a silent Verizon Hall for nearly 15 minutes after the starting time before CEO Allison Vulgamore came on stage to announce the concert's cancellation. Apparently, talks were still on-going right up to the appointed hour.
A last-minute backstage negotiating session ensued, but failed. The gala concert was scrapped; two other concerts, on Saturday and Sunday, were canceled. (Peter Dobin, arts reporter, Philly.Com) The entire article is found here.
Allison Vulgamore: Who, me? |
The pact is similar to the one that is expiring. Vulgamore will be paid an annual base salary of $450,000 - but with a list of extras that sweeten the deal considerably:
A "performance-based compensation" cash bonus of between $50,000 and $150,000 per year, though the chair of the orchestra board has the discretion to increase the maximum bonus to $175,000 if warranted by Vulgamore's performance and a "significant" improvement in the orchestra's financial condition.(One has to wonder if she had to give this back.)
A retirement contribution of $125,000 per year, less applicable withholdings.
Up to $15,000 per year for supplemental disability insurance.
"Executive health benefits" of up to $10,000 per year for costs not covered under the group plan.
A car allowance of $5,000, free parking at the Kimmel Center, four weeks' vacation, and $2,000 a year to pay a financial planner.
In addition to compensation under the new contract, she will receive $50,000 by June 2012 as part of an earlier bonus program for which she had not yet received payment.
Vulgamore's next contract upped her ante to $733,242, significantly more than the music director (!) and near the upper end of orchestra CEOs, many of whom also manage the facilities in which their ensembles perform. The Philadelphia Orchestra doesn't even manage a facility it does own! (the Academy of Music)
And although the strike was a scant 48-hours, musicians are still feeling the pain of slashed salaries and benefits from the past. Two percent annual raises don't go far (especially when compared to the CEO).
"It's been a very emotional couple of days, but we're relieved that we're going to move forward and play our instruments again," principal harpist Elizabeth Hainen said.
Simon Rattle arrives this week to lead the orchestra in Mahler's Sixth Symphony.
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