Carnegie Hall Names Its First African-American Chairman

“[The election of] Robert F. Smith, the private equity titan who was named the richest African-American man by Forbes last year after making a fortune in software, … brings to an end a low moment at the hall. The billionaire Ronald O. Perelman served as its chairman for less than a year before stepping down last fall after he alienated the board by clashing with the hall’s executive and artistic director, Clive Gillinson.”