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Kennedy Center To Begin Search For New President

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The Kennedy Center for the Performing Arts is launching a search for a new president. Current President Michael Kaiser has held the title for 12 years. He came to Washington, D.C. after leading London's Royal Opera House. But his contract ends next year. Now, a search committee headed up by Chairman David Rubenstein and board member Anthony Welters is looking for a replacement.

Rubenstein says the position is unique because it involves overseeing an opera company, two orchestras, a ballet company and extensive theater, dance, and jazz programs.

The president oversees a $200 million annual budget and is responsible for raising about $80 million each year.

The Kennedy Center is among the busiest performing arts centers in the country, and runs an extensive arts education program that was started by current president Michael Kaiser.

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