Met Opera General Manager Peter Gelb is set to continue to lead the company for years to come.

The Metropolitan Opera announced that Gelb’s contract has been extended until the 2026-27 season, eventually making him the third-longest tenured general manager.

The company’s board of directors approved a five-year contract with Gelb stating, “It gives me the freedom to execute future planning and also I think will provide a level of stability for the company and an assurance to my staff and my team and the artistic community with whom I have to deal with that ideas that are being discussed will actually be implemented.”

Next season will be Music Director Yannick Nézet-Séguin’s first in which he conducts what will be his contemplated regular schedule of five-to-six productions per season. With Gelb and the new Music director, commissions of new operas are scheduled along with several major French works. In addition Nézet-Séguin will lead Wagner’s Ring Cycle, either in a new staging or revival of the Met’s Robert Lepage production.

Gelb succeeded Joseph Volpe during the 2006-07 season and when he ends his term only Giulio Gatti-Casazza (1908-35) and Rudolf Bing (1950-72) will have run the Met for longer periods.