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Speyer Builds on His Successes
What a week for Jerry Speyer.
Just days after his company, Tishman Speyer, closed a $22 billion deal to buy Archstone-Smith--a real estate investment trust that owns 86,000 apartments in 344 complexes around the country--the Museum of Modern Art named him chairman of the board of trustees.
He will succeed Robert Menschel, a senior director of Goldman Sachs.
Marie Josee Kravis, president of the board, described Speyer as "a committed, trusted, and valuable member of MoMA's board."
Speyer was equally effusive in return. "MoMA is one of the world's greatest cultural institutions with one of the worlds premier boards and museum leadership," he said.
by Alexandra Wolfe
Laura Rich is a co-founder of Recessionwire, which provides news, advice, perspective and humor about the recession and the recovery.
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