METROPOLITAN MUSEUM ANNOUNCES THAT, WITH RETIREMENT OF WILLIAM H. LUERS IN 1999, MUSEUM WILL RETAIN OFFICES OF BOTH PRESIDENT AND DIRECTOR, DESIGNATING DIRECTOR PHILIPPE DE MONTEBELLO AS CHIEF EXECUTIVE OFFICER
(January 14, 1998) — Noting that President William H. Luers plans to retire in the spring of 1999, Arthur Ochs Sulzburger, Chairman of the Board of Trustees of The Metropolitan Museum of Art, today announced that at yesterday's meeting of the Trustees, the Board adopted a Report on Governance which reaffirms that the positions of both Director and President will remain essential to the effective leadership of the Museum.