James Palermo, who has had quite a bit of success as the artistic and general director of the Grant Park Music Festival in Chicago will become the new president and CEO of the Colorado Symphony Orchestra. During his 14-year tenure at Grant Park, Palermo was instrumental in the development of the Jay Pritzker Pavilion in Millennium Park. He will probably play a big role in the Colorado Symphony's intention to rennovate its current home, Boettcher Concert Hall, which is noted for its awful acoustics. You can read about the Palermo announcement on the CSO home page.
In the meantime, the Grant Park Music Festival (where Carlos Kalmar conducts during the summer) will be looking for a new head honcho.