The board of the Museum of Contemporary Art, Los Angeles, has confirmed the widely expected news that the institution’s director, Jeffrey Deitch, would step down from the job after a troubled three-year tenure.
In a statement on Wednesday the board said that Mr. Deitch, a former New York art dealer, had agreed to stay on for an unspecified time to ensure a smooth transition and the completion of one of the museum’s largest fundraising drives, which has secured pledges of more than $75 million in donations, toward a goal of $100 million by the fall.
The board formed a search committee for a new director, to be led by the board’s chairwoman, Maria Bell, and chairman, David Johnson, along with Joel Wachs, a former trustee who is now the president of the Andy Warhol Foundation for the Visual Arts.
