Tag Archives: Myron Levy

Immediate Closing Of Mosaic Partly Rooted In Fiscal Reasons

If personal reasons motivated Richard Jay Simon’s resignation from the Mosaic Theatre that he founded, it was money that caused his board to close his “baby” Sunday, according to Simon and board chairman Myron Levy in interviews Monday.
The company was not in dire financial straits although it was struggling with a temporary cash flow problem, Simon said. But the board believed Simon’s planned departure at the end of this 12th season would create a financial setback that they could not overcome, Levy said.

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