Greg Evans Associate Editor/Broadway CriticPhilip J. Smith, Chairman and Co-CEO of The Shubert Organization, has announced his retirement, effective June 30, after 63 years with Broadway’s largest theater owner and producer.A major force on the theatrical landscape for decades, Smith will also resign his duties as Chairman of The Shubert Foundation, the nation’s largest private foundation dedicated to not-for-profit theater and dance company funding.Smith will be succeeded at both Shubert and the Shubert Foundation by Shubert’s current President and Co-CEO Robert E.
Wankel. Smith will become Chairman Emeritus.In a statement, Smith said, “The decision to retire feels exactly right at this time in my life.
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