Lincoln Center for the Performing Arts has announced that Katherine Farley will step down as Chair of the Board, and will be succeeded by Hearst CEO Steven R. Swartz.

Farley has served as Chair of the Board since 2010, joining it in 2003. Before that, she was on the Boards of the New York Philharmonic from 1999 to 2005, Lincoln Center Theater from 2002 to 2005, and chaired the Lincoln Center Development Project from 2006 to 20010. She was also instrumental in the capital project which saw the renovation of the Lincoln Center Campus and the new David Geffen Hall.

“Katherine’s impact on Lincoln Center and New York has been extraordinary,” said Lincoln Center President & CEO Henry Timms in an official press statement. “Her courage and vision as Chair have led the Board to transform our work, building David Geffen Hall through the pandemic, to deliver the $550 million project two years early, and supporting 6,000 jobs for the city. The new hall marks the crescendo of her work to transform the campus, serving as Chair of Lincoln Center’s $1.2 billion Redevelopment Project. She has earned her place as one of the true greats of Lincoln Center. We are especially thrilled she will remain on the Executive Committee.

With a specialty in digital media, Swartz has had great success leading legacy institutions. He recently served a five-ear term as Chair of the Associated Press and recently stepped down as Co-Chair of the Partnership for New York City. Currently, he is a Vice Chair of New York Presbyterian Hospital, and will become the active Board Chair at Lincoln Center on June 13.

“There could not be a better successor than Steven R. Swartz,” continues Timms. “Steve is a visionary leader, widely admired across Lincoln Center, New York City, and far beyond. He is a world-class leader in business and philanthropy, a trusted partner to so many, and has the complete confidence of the Lincoln Center community.”