DALLAS MUSEUM OF ART CFO RESIGNS

Remember when we broke the news about the financial kerfuffle over at the DMA? Sure you do. Well, I checked in with them to see how things were coming. Here’s what the museum has to say:

The resulting detailed investigation is complete. It revealed some personal charges made on the DMA corporate credit card that were not repaid in a timely manner. The amount was considered immaterial and it is being reimbursed in full.

Chief Financial Officer Robert E. Robertson, who has been on paid administrative leave during this investigation, has resigned from the Museum effective February 12, 2007. Melissa Henderson, CPA, has joined the DMA management team as interim Chief Financial Officer.

We are gratified that our system of checks and balances was effective in disclosing this inappropriate business practice and we have put additional safeguards in place.

Hmm. “Charges not repaid in a timely manner”? Is that like what Gloria Orapello did?


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