Dreyfoos, who recently turned 75, announced last fall that he will officially retire as chairman on June 30, the end of the Kravis Center's fiscal year. The board will elect a successor on April 25.

Dreyfoos spearheaded efforts to build the center in 1982; it opened — fully funded — in 1992 and has since undergone several expansions, including the Marshall E. Rinker, Sr. Playhouse, the Michael and Andrew Gosman Amphitheatre, and the Eunice and Julian Cohen Pavilion. The center's 2,200-seat concert hall is named after Dreyfoos.

The nearby Alexander W. Dreyfoos, Jr. School of the Arts was also named in his honor in 1997 after he donated $1 million, the largest private contribution ever made to a public school in Florida.