Warren Caro, a retired executive of the Shubert Organization and a former executive director of the Theater Guild, died Sunday at Englewood Hospital in New Jersey. He was 87 and had lived in Norwalk, Conn.
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Caro was projects development director for the Shubert Organization in Manhattan from 1967 until he retired in 1980. From 1946 to 1967, he was the executive director of the Theater Guild-American Theater Society.He received two Tony Awards.