Mark Cole

Submitted Photo

Mark Cole, Arizona Theatre Company’s managing director, resigned Tuesday.

Though he gave a 90-day notice, the chair of ATC’s board of trustees Robert Glaser said that Cole is flexible, and that “he’ll leave at  the end of December, in 90 days, or in two days,” whichever works best for the board.

“I’m anxious to move forward,” said Glaser.

The resignation was too fresh to determine the next step, Glaser said. The  board is expected to meet in the next few days.

Cole did not return calls made to his cell phone Tuesday afternoon.

Cole’s resignation means that ATC could be leaderless by the end of the year — David Ira Goldstein, the company’s artistic director, announced in May that he would leave in December after 22 years in the position.

Cole’s 2-year tenure at the company has been a contentious one as he swiftly moved to make organizational and personnel changes.

In addition, ATC’s 2013 fiscal year ended in June with a $1 million deficit, the result of over-ambitious budgeting and disappointing fund-raising.

Read more in tomorrow's Star

Senior Editor, News, Arizona Daily Star, Tucson, Az.