Eugene Opera General Director Mark Beudert said Monday he will not seek to renew his contract.

He’ll remain employed by the opera through June 30.

The company has had a tumultuous year, ending more than $200,000 in debt and two full productions had to be canceled.

Beudert lives in Indiana, where he’s on the faculty of the University of Notre Dame. He runs all Eugene Opera operations on a part-time basis.

Opera board chair Barbara Wheatley said that structure contributed to the opera’s debt crisis.

“We’ve just reached a stage where that as a model is not going to work for us,” Wheatley said. “What we would expect is to split the position. What we need here in town is an executive director.”

The company is in discussions with music director Andrew Bisantz to assume the role of artistic director.

Wheatley said the opera is halfway to its fundraising goal of ending the season debt free.

The company also must raise $20,000 to undertake a season next year.

Beudert was not available for comment.