The agreement - which arrived a full two and a half years before Gelb's current contract expires - signals the board's strong commitment to Gelb, who earned some $2.17 million in combined pay and benefits during the company's last reported financial year.
But the company's board expressed its faith in him on Monday by extending his contract through 2027. Peter Gelb has not enjoyed a particularly smooth tenure as the general manager at New York's Metropolitan Opera. The Metropolitan Opera's general manager, Peter Gelb, in New York City in 2012.
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