MORGAN DIRECTOR TO RETIRE

After serving twenty years and overseeing two building projects and two major capital campaign drives, Charles E. Pierce Jr. has announced that he will retire as director of the Morgan Library & Museum at the end of this year, Carol Vogel reports for the New York Times. The news comes less than a year after the Morgan opened its highly praised $106 million expansion and renovation, designed by the Italian architect Renzo Piano. “It’s important to trust your instincts, and the time just felt right,” said the sixty-five-year-old Pierce, who broke the news to the Morgan’s board at a meeting yesterday. “I brought the institution to a new place, and now a new person with youth and energy should take it to the next phase.”