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President of the Metropolitan Museum of Art Steps Down

President of the Metropolitan Museum of Art Steps Down
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President Emily Rafferty's announced her retirement from the Manhattan art museum.

The president of New York City's Metropolitan Museum of Art is stepping down.

   Emily Rafferty said Tuesday she'll retire at the end of March 2015. She's been president of the museum since January 2005.

   Rafferty started working at the museum in 1976, as an administrator in the development department. She served as vice president for development and senior vice president for external affairs before becoming president.

   The 65-year-old Rafferty says several significant projects have been completed and she thinks this would be a good time for a transition at the museum, whose collection includes more than 2 million artworks.

   Rafferty is chairwoman of the city's tourism agency, NYC & Company. She's also chairwoman of the board of the Federal Reserve Bank of New York. She says she hasn't made any decisions about those roles.