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Finance exec Diana Taylor to lead New York City Ballet Board

September 3, 2021 GMT

NEW YORK (AP) — New York City Ballet has chosen Diana L. Taylor, a finance executive and companion of former mayor Mike Bloomberg, to lead its board of directors as it prepares to reopen after the coronavirus shutdown, the company announced.

Taylor, who was superintendent of banks under former Gov. George Pataki, a Republican, will be the first woman to serve as chair of City Ballet in the company’s 73-year-old history. She assumed the position of City Ballet board chair Thursday, succeeding Wells Fargo CEO Charles W. Scharf.

“Diana Taylor is a formidable business leader, whose vast skills, insight and dedication have helped shape and transform many remarkable New York institutions, industries, non-profits, and governments,” Scharf said in a news release. “Her deep commitment to the city of New York and its cultural institutions is complemented by her exceptional business acumen and accomplishments.”

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Taylor, 66, had a 15-year career in investment banking before joining the Pataki administration, where she held several posts. She served as the state’s banking superintendent from 2003 to 2007.

Taylor was New York City’s first lady from 2002 to 2013 during the mayoral administration of Bloomberg, the billionaire businessman and philanthropist who is her longtime partner.

“From both personal and professional viewpoints, I have long held the New York City Ballet in the absolute highest regard and first began attending the company’s performances as a child,” Taylor said. “NYCB is one of the cultural jewels of New York City and the gold standard dance company that inspires so many around the world.”

New York City Ballet will open its fall season Sept. 21 after being shuttered since COVID-19 closed theaters around the country in March 2020. The holiday favorite “The Nutcracker” will open Nov. 26.