Press release

Olena Paslawsky Named Senior Vice President and Chief Financial Officer At Metropolitan Museum

(New York, September 12, 2006)—Olena Paslawsky has been named Senior Vice President and Chief Financial Officer of The Metropolitan Museum of Art, it was announced by Emily K. Rafferty, President of the Museum. She joined the Museum in August, and will oversee initiatives in finance, technology, purchasing, office services, and internal audit. Prior to coming to the Metropolitan, she was Controller of the Worldwide Securities Division of JP Morgan Chase & Company.

"Olena Paslawsky is a highly accomplished professional with 25 years of experience in demanding, financially sophisticated environments," stated Emily Rafferty. "Her particular strengths in financial reporting, strategic planning, and audit and management information systems at a senior level – combined with a love of the arts and culture, and an energetic, collegial approach – make her a wonderful addition to the executive staff of the Metropolitan. Together we will ensure and strengthen further the vigorous financial health of the Museum as we move forward in the 21st century."

As Controller of the Worldwide Securities Division of JP Morgan Chase & Company, Ms. Paslawsky led a business team of 50, with responsibility for upgrading financial reporting, accounting, controls, and systems infrastructure. Previously, from 1997-2003, she worked at Prudential Financial, Inc., first as Controller of the Diversified Group, and then as Controller of the Asset Management Segment and Chief Financial Officer of the Employee (Institutional) Benefits Division. In her roles there, she helped to ready the mutual company for its conversion to a publicly traded, SEC reporting entity.

For the nine years leading up to 1997, she was at Bankers Trust Corporation in successively larger roles managing financial reporting, budgeting, financial planning and analysis, and regulatory compliance for such areas as asset management and global operations and technology. In the mid-1990s she was posted to London for Bankers Trust with a mandate to rebuild the corporate management structure for the European businesses.

She has also been a partner at Trigon Associates in New York City and a finance director in the travel related services group at American Express.

She holds a B.A. as well as an M.B.A., from Rutgers University and resides in Manhattan. She has been a longtime member of The Metropolitan Museum of Art.

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September 12, 2006

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