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Wednesday, October 7th, 2009

US Art Museum Directors Face Salary Reductions

MoMA Director, Glenn Lowry (Photo: Timothy Greenfield-Sanders/MoMA)

The Art Newspaper reports that more than one third of the directors of major US art museums have recently faced significant cutbacks in compensation, ranging from salary reductions and elimination of bonuses to unpaid leave. Included in the list is MOMA Director, Glenn Lowry, who is credited as the highest paid art museum executive in the US. After having his salary cut  15% in 2009, Lowry will face an additional 10% cut this coming year. His salary however, will remain above $1m in 2010.

See the entire list here – It’s worth a read.

Posted by ATARMS | Filed in Market Talk, Museums

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