Philippe de Montebello Makes Big Money at the Met

philippedemontebello Philippe de Montebello Makes Big Money at the MetPhilippe de Montebello, director of the Metropolitan Museum of Art, is the highest paid director of a nonprofit in the country, according to a survey of nonprofit executives conducted by The Chronicle of Philanthropy.

 

Last year, the popular and eccentric museum-director made $4,557,342, putting him ahead of the directors of major hospitals and universities across the country.

And he isn't the only Manhattan non-profiteer: Glenn Lowry, the director of the Museum of Modern art, "in addition to a compensation package that in 2004 was $1.28 million, between 1995 and 2003 received a total of $5.35 million from a trust set up by museum trustees. The former chairman, Robert Menschel, and president of MoMA, Marie-Josée Kravis, said in a letter to the New York Times that the trust helped to secure the recruitment of Mr. Lowry to the museum in 1995. In 2006, Mr. Lowry received $901,766 in compensation."