New Nasher Director Jeremy Strick’s $$ Problems

Strick has a complicated financial relationship with the Museum of Modern Art in LA, where he was dismissed as director in December. DMN reporter Brooks Egerton now reports that he hasn’t repaid a loan extended to him by the museum so that he could buy a house in LA. The LA market was soaring when he was hired, and museum directors are hard to find. So I am unsurprised that the museum extended a loan, and that with the collapse of the market he has been unable to repay it. However, it does tend to remind us of the severe financial difficulties the LA museum ran into during Strick’s tenture.