Apollo Theater CEO Jonelle Procope to leave the historic landmark on safe financial ground
By GLENN GAMBOA
AP Business Writer
NEW YORK (AP) — Jonelle Procope’s 20-year tenure as president and CEO of The Apollo Theater evolved into an era of prosperity and expansion, markedly different from the tumultuous, cash-strapped decades that preceded it. Sure, the early years were a struggle, as the hub of the Harlem neighborhood dealt with financial difficulties and a shifting business model. However, when Procope steps down at the end of June, she will leave her successor Michelle Ebanks with nearly $80 million raised to complete a renovation and expansion of the historic theater by 2025. On Monday night, Procope will be honored, alongside hip-hop mogul Sean “Diddy” Combs and basketball superstar Kareem Abdul-Jabbar, at The Apollo’s Spring Benefit for her service.