Board Member Disputes Hit Twombly Foundation
According to the NY Times,
Two of the board members — Nicola del Roscio, the foundation’s president, and Julie Sylvester, a museum curator — believe that the foundation’s treasurer, Thomas Saliba, has been paying himself unauthorized fees with the knowledge of Ralph Lerner, a lawyer who is also a board member.
A Delaware judge has been asked to settle the feud between the four-member board. The Cy Twombly Foundation is reportedly worth $1.2 billion.