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Getty posts salary of its new museum director

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When Timothy Potts joins the Getty in September as its new museum director, he also will join the narrow ranks of American museum directors who earn more than half a million dollars annually.
According to a compensation disclosure dated Feb. 14 and published on the Getty website, his base salary is $690,000, and this year he also will receive a signing bonus of $150,000.

This amount will place his salary among the highest within the Getty, after James Williams, Getty Trust chief investment officer and treasurer, whose base salary is currently $851,760, and James Cuno, Getty Trust chief executive and president, whose salary is $728,000. (In 2011, WIlliams’ total compensation reached $1,040,822, while Cuno received $795,497, including a signing bonus of $250,000, moving allowance of $150,000, monthly housing allowance of $20,000, and salary for five months of service since his Aug. 1, 2011, start date.)

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Traditionally the biggest compensation packages in the field have gone to the heads of the biggest New York museums. Glenn Lowry, the director of the Museum of Modern Art, received $1.32 million in salary and benefits for the fiscal year ending June 2009. And Thomas Campbell, the director of the Metropolitan Museum of Art, earned $929,735 in salary and benefits for the fiscal year ending in June 2010.

L.A. County Museum of Art Director Michael Govan, whose compensation amounted to $915,000 over that time period, remains the best-paid museum director in L.A.

-- Jori Finkel

www.twitter.com/jorifinkel

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