Susan Rosko Fogarty, executive director at the Palace Theatre in Albany, will resign from that position effective June 28 the venue's board of directors announced Tuesday.
A Schenectady native who grew up in Clifton Park, Rosko Fogarty took over for former executive director Holly Brown in October of 2017. Brown had left to become director of the Cohoes Music Hall.
"Susan has been a great leader for the palace, from increasing our programming revenue to building our management team and significantly strengthening our community partnerships and initiatives," said Stephen P. Baboulis, chairman of the Palace Performing Arts Center Board of Directors. "We are sorry to see her go, but at the same time understand she was presented with a tremendous career opportunity, which doesn't surprise us. We want to recognize Susan for her outstanding performance on behalf of the Palace Theatre and thank her for all her hard work and success."
Palace Theatre officials declined to reveal the "career opportunity" presented Rosko Fogarty, but did say that an announcement about her future will be announced some time this summer.
Rosko Fogarty also declined to comment on her new opportunity, except to say that she wasn't going to remain in the theater business.
"I'm not going to a competitor, so I can say that I am leaving the entertainment business," Rosko Fogarty told The Gazette Tuesday. "I can't say anything else except that I will remain here locally."
Under Rosko Fogarty's leadership, the Palace Performing Arts Center acquired its property from the City of Albany, created a full-time management team and is in the early stages of a capital campaign to support renovations and improvements to the historic theater.
Rosko Fogarty will help the Palace Theatre find her successor.
"Susan has generously offered to assist us in identifying candidates who will help us continue the tremendous momentum she and her team have helped create," said Baboulis.
Rosko Fogarty, who worked in the banking and music industry for 25 years in New York City and the Capital Region, said she will remain a big booster of the Palace Theatre.
"I have had the great privilege to lead the Palace over the last year and a half through a time of transition, productivity and growth," she said. "I am very proud of our work as a team, and I am grateful for the individuals who work at the Palace and their extraordinary commitment to the customer experience. I thank the Palace board of directors for the opportunity to lead this very special organization. I look forward to continuing to support the Palace for many years to come."