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The Guggenheim Foundation has announced its appointment of its fifth director since its inception in 1937, former Director of the Carnegie Museum of Art, Richard Armstrong. Mr. Armstrong also spent 11 years at New York's Whitney Museum. He will have vast reach over the art world in his new position, as he controls both the Guggenheim Museum and its foundation, as well as Guggenheim institutions in the leading art capitals of Venice, Bilbao, Berlin and soon enough, Abu Dhabi (the Guggenheim Museum will open there in 2013). The 89th and 5th fixture has recently undergone a $29 million restoration, just in time for Armstrong's arrival. He starts in November.
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