The Rochester Symphony Orchestra, in Minnesota has today announced the resignation of its CEO & President, Jeffrey Amundson – midst allegations he stole more than $19,000 from a vulnerable adult.
Court papers filed in a Minnesota County Court, in February revealed the 45 year stood to face four counts of Financial Exploitation of a Vulnerable Adult – accused of stealing from an alleged victim, over a 3 year period, whilst acting as the man's power of attorney.
On February 3rd of this year, the orchestra announced Amundson would be placed on paid administration leave, pending investigation.
The orchestra's board, at the time, indicate their own financial integrity had not been compromised.
Amundson has denied the charges claiming the man owed him a cash settlement for unpaid debts.
Presumption of innocence applies.