The Dallas Center for the Performing Arts announced today that CEO Bill Lively will transition into a new role — president of the Center’s Endowment Trust. The move, effective Jan. 1, will keep Lively as the Center’s chief fundraiser while allowing for a to-be-named CEO to take over the day-to-day operation of the Center. That hire is obviously going to be a big one, as the new CEO will have a lot of say into the Center’s direction going forward. DCPA says that it has hired an executive search firm to interview candidates.

UPDATE: It should be noted that the driver of the action here is Lively being named the full-time president and CEO of the Super Bowl XLV host committee. You can read more about that appointment here.