Artists Flee Los Angeles Museum Board, Deitch Draws Fire

The departure in the past week of four prominent artists from the board of the Museum of Contemporary Art in Los Angeles has fueled speculation that billionaire Eli Broad will step in and take over the 33-year-old institution.

Four years ago, when MOCA was in financial distress, Broad agreed to give it $30 million. A turnaround that began that year, however, appears to have stalled under Jeffrey Deitch, the former New York gallery owner who was named chief executive of MOCA in January 2010.