PETER W. MAY and OSCAR L. TANG have been elected co-chairs of the New York Philharmonic’s board of directors. Each will hold the title of co-chair designate until they become co-chairs in September, succeeding OSCAR S. SCHAFER, who has held the post of chairman since 2015. Schafer will continue to serve as chairman emeritus. Peter May joined the Philharmonic board in 2008, and Oscar Tang joined in 2013.
Peter W. May has been president and a founding partner of Trian Partners Investment Management Firm since November 2005. He currently serves as non-executive vice chairman of The Wendy’s Company. From 1993 to 2007, May was president and chief operating officer and a director of Triarc Companies, Inc. (now known as The Wendy’s Company). From its formation in 1989 to 1993, May was president and chief operating officer of Trian Group, Limited Partnership. He was president and chief operating officer and a director of Triangle Companies, Inc. from 1983 until 1988. May was a director of Tiffany & Co., and is currently a director of Mondelez International, Inc. May serves as chairman and trustee for multiple charitable and educational organizations. He is a graduate of the University of Chicago, A.B.; the University of Chicago School of Business, M.B.A.; and holds an honorary doctorate in humane letters from the Mount Sinai School of Medicine of New York University.
Oscar L. Tang has supported institutions that promote excellence in education, arts and culture, athletics, and social justice for 30 years. He has served on the President’s Committee on the Arts and Humanities and the New York State Council on the Arts. He was elected a fellow of the American Academy of Arts and Sciences in 2005. Tang has been a trustee of the Metropolitan Museum of Art for 25 years and serves on the boards of the New York Philharmonic, Asia Society, Gordon Parks Foundation, and the United States Bobsled and Skeleton Foundation. He is a graduate of Phillips Academy Andover, Yale, and the Harvard Business School. He has founded institutes of excellence at Andover, Princeton, Columbia, and Berkeley. He has been a private investor since 1993, when he retired from Reich & Tang, an asset management firm that he co-founded and served as president and chief executive officer for 20 years.
Posted April 12, 2019