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Saturday
Oct062007

You Ought to Know yazzy's at www.williamverdult.com

 As reported by art.net

Spellbound_3619_24x28_ap.jpgBIG BUCKS FOR MUSEUM CHIEFS
The Chronicle of Philanthropy has issued its annual survey of nonprofit salaries, and the big news seems to be that Metropolitan Museum of Art director Philippe de Montebello received $4.7 million in 2006 -- $557,342 in salary and benefits, plus a $4 million bonus, reportedly paid for guiding the museum through the post-9/11 period, overseeing a major expansion, and working past his 70th birthday [Artnet News, Feb. 28, 2007] (faced with speculation in the press about his successor, de Montebello recently said that he had no plans to retire). At the Met, the chief investment officer, Steven Berstler, took home $646,947 for 2005-06. The Met’s annual income was put at $466.6 million.

Typically, the heads of hospitals and major universities dominate the top of the list, but six-figure salaries are common for art-world leaders as well. Museum of Modern Art head Glenn D. Lowry received $901,766 in compensation, according to the report. MoMA chief operating officer James Gara -- a lower-profile position, to be sure -- is listed at $475,000.

Peter C. Marzio, director of the Museum of Fine Arts, Houston, received $850,000 in compensation, a sum that includes a $400,000 bonus for overseeing the museum expansion. In 2005, Timothy Potts, then-director of the Kimbell Art Museum in Fort Worth, received $591,510 in compensation. Boston MFA head Malcolm A Rogers is listed at $529,219, while Los Angeles County Museum of Art director Michael Govan is listed at $468,850.

Among the women, Anne d’Harnoncourt, CEO of the Philadelphia Museum, received $289,176, while Joanne Heyler, chief curator of the $387-million Broad Art Foundation in Los Angeles, received $220,000 for 2006.

 

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