Lott wants museums financially stable
- July 26, 2019 |
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CEO Update
AAM CEO says social goods—diversity and inclusion—also can improve bottom line Lott American Alliance of Museums CEO Laura Lott is on a mission. But, as the CPA and former chief financial officer/chief operating officer of the $13 million-revenue group points out, "No money, no mission." So, since first taking the CFO/COO role at AAM in 2010 (she was named CEO in 2015), her mission has been to ensure the financial sustainability of the organization—which once routinely ran half-million-dollar annual deficits—and lead her institutional members toward the same goal. That is a key part of the group's 2016-20 strategic plan. Interest in finance is not what draws people to the… Read More
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