Leave your feedback Share Copy URL https://www.pbs.org/newshour/arts/la-moca-accepts-financial-help-from-philanthropist-director-resigns Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter LA MOCA Accepts Financial Help From Philanthropist, Director Resigns Arts Dec 23, 2008 10:45 AM EDT The Los Angeles Museum of Contemporary Art has agreed to accept $30 million in financial assistance from billionaire philanthropist Eli Broad, the Los Angeles Times reported. The museum will also announce the resignation of museum director Jeremy Strick after nine years on the job. UCLA Chancellor Emeritus Charles Young will be named the museum’s first chief executive officer. A formal announcement will be made today at a news conference at 10:30 a.m. Pacific Time. In the face of economic troubles, MOCA had been deliberating between two offers in recent weeks: one by Broad and the other a merger with the Los Angeles County Museum of Art. We're not going anywhere. Stand up for truly independent, trusted news that you can count on! Donate now
The Los Angeles Museum of Contemporary Art has agreed to accept $30 million in financial assistance from billionaire philanthropist Eli Broad, the Los Angeles Times reported. The museum will also announce the resignation of museum director Jeremy Strick after nine years on the job. UCLA Chancellor Emeritus Charles Young will be named the museum’s first chief executive officer. A formal announcement will be made today at a news conference at 10:30 a.m. Pacific Time. In the face of economic troubles, MOCA had been deliberating between two offers in recent weeks: one by Broad and the other a merger with the Los Angeles County Museum of Art. We're not going anywhere. Stand up for truly independent, trusted news that you can count on! Donate now