Aug. 10 (Bloomberg) -- Glenn D. Lowry earned $1.32 million in pay and benefits running New York's Museum of Modern Art in the year ending in June, down from $1.95 million the year before, as the museum cut costs amid the recession.
Lowry, 54, took a voluntary pay reduction as he pared spending by 10 percent across departments and froze hiring, said Kim Mitchell, a spokeswoman for the museum.
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