Famed pianist and conductor Peter Nero will remain in artistic charge of the Philly Pops for another year after beating back a bid by the ensemble’s management to oust him, according to The Philadelphia Inquirer.
Mr. Nero, the group’s music director since its founding in 1979, signed a new contract after fraught negotiations stemming from the group’s bankruptcy proceeding, an offshoot of the Philadelphia Orchestra’s recently concluded reorganization case.
The Pops, which went into bankruptcy because it was part of the Philadelphia Orchestra when the larger organization filed for Chapter 11 last year, had sought to cut Mr. Nero’s pay by 40 percent.
Under the pact approved Monday by the board of Encore Series, the Pops presenter, Mr. Nero agreed to a slight cut in his compensation and received a new title, artistic director. He will stay with the Pops through the 2012-13 season, after which Encore will buy out the last year of his contract as it makes a transition to new musical leadership.