McNulty, who has been artistic line producer at Manhattan Theatre Club since 2006, will assume her new position Aug. 11.

Crosby, who had served as the producing artistic director of the Women's Project Theater, gave an exclusive interview to Playbill.com about the differing accounts of why she departed the organization. Click here to read "Was Julie Crosby Fired?"

Women's Project Theater board co-chair Arlene Scanlan said in a statement, "We are thrilled to welcome Lisa back to WP. Not only is she a tremendously respected producer on and Off-Broadway, she brings with her a wealth of knowledge about WP institutionally. When she was suggested as a candidate to us by several artistic leaders in the national theater community, we immediately pursued her. She was a strong and logical candidate for the position, and we look forward to working with her to lead WP into its next period of success. The Board of Directors is also thrilled to welcome five new Board members to our fold, who join our current members in their steadfast commitment to the mission of the theatre founded by Julia Miles in 1978, championing work by the tremendously talented women theater artists in our community."

McNulty added, "I couldn't be more honored to be given the opportunity to lead an organization that has been so important to me throughout my career, and to carry on the legacy of strong female leadership that has been such a hallmark of Women’s Project Theater throughout its 36 year history. I am grateful to the Board for their faith in me. I am so passionate about WP’s artistic community, its mission and its legacy — I can't wait to come back to an organization that feels like home, and to move forward in a fresh spirit of adventure."

McNulty is currently the artistic line producer of Manhattan Theatre Club, where she has worked on more than 30 productions both on and Off-Broadway during her eight seasons at MTC, including work by Lynn Nottage, Sarah Treem, Harvey Fierstein, Liz Flahive, David Lindsey Abaire, Molly Smith Metzler, Tarell Alvin McCraney, David Ives, Nell Benjamin and Lynn Redgrave, among others. She has a long history with WPT and was originally hired by the company's founder, Julia Miles, as the literary manager from 1997-2000, where she dramaturged work by María Irene Fornés, Julie Hébert, Karen Hartman and others. She also ran WP's Playwright's Lab and edited several Women's Project Smith & Kraus anthologies. In 2004, she returned to Women's Project Theater as its associate artistic director, where she produced work by artists including Diane Paulus, Lisa D’Amour, Leigh Silverman, Katie Pearl, Tanya Barfield and Rinne Groff. McNulty served as the company's casting director and literary manager and again ran WP's Playwrights Lab.

Interim executive producer Jessica R. Jenen, who had stepped in during the transition period after the departure of Julie Crosby, will continue in her current role through September, after which she will join the board of directors.

WPT also announced the participants in its upcoming 2014-16 Lab program. They are playwrights Sarah Burgess, Monet Hurst-Mendoza, Martyna Majok, Sharyn Rothstein and Riti Sachdeva; directors Adrienne Campbell-Holt, Lee Sunday Evans, Sarah Krohn, Danya Taymor and Tamilla Woodard; and producers Rachel Karpf Reidy, Pearl Kermani, Kristen Luciani, Liz Olson and Rachel Sussman.

Women's Project Theater also announced five new members of their board of directors, Sandy Ashendorf, Onute Miller, Atoosa Rubenstein, Jenna Segal and Robin Zarel.

For more information, visit WPTheater.org.