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Atlanta Symphony president and CEO steps down

By The Associated Press
Posted 6:58AM on Tuesday 30th September 2014 ( 10 years ago )
ATLANTA (AP) The president and CEO of the Atlanta Symphony Orchestra is stepping down, the latest development in an ongoing labor dispute with its musicians. <br /> <br /> The symphony on Monday announced the resignation of president and CEO Stanley Romanstein. <br /> <br /> Romanstein said in a statement that he believes his continued leadership would be an ``impediment'' to reaching a new labor deal. <br /> <br /> The Atlanta Journal-Constitution reports that retired Coca-Cola Co. executive Terry Neal will serve as interim president. <br /> <br /> The orchestra's contract with the musicians union ended recently and several concerts have been postponed due to the dispute. <br /> <br /> The union says it wants to negotiate in good faith to preserve the orchestra. <br /> <br /> The orchestra's management said it has operated at a deficit for a dozen years and needs concessions because the financial trend is unsustainable. <br />

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