Here's a theory of mine concerning this, tell me what ya think;
Floyd normally does the talking for the band, which leads one to wonder who the real leader of the Electric Mayhem and in control of the orchestra pit is, since in Kaye Ballard, the other musicians which the exception of Rowlf and Dr. Teeth, who was never seen in the orchestra pit, willingly go along with Pepper's decision that the theme is lame. Either he is the second-leader, or something like spokesman for them. They certainly all seem to respect him.