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Detroit Institute of Arts names new Vice Presidents - Robert E. Bowen hired as VP and CFO; Peggy Falcon promoted to VP of Development

Monday, October 03, 2011

(Detroit)—The Detroit Institute of Arts (DIA) recently hired Robert E. Bowen as vice president and chief financial officer (CFO), and promoted Peggy Falcon to vice president of development.

Bowen is responsible for all financial matters for the DIA, including accounting, financial reporting, controlling and treasury. In addition, Bowen is head of a division that includes purchasing, information services and enterprise activities.

From 2009 to 2011, Bowen worked as a consultant providing financial and strategic advisory services. Before that he worked at Chrysler for more than 25 years in various finance and operations positions in domestic and overseas assignments. From 2003 to 2008 he served as director of international finance, responsible for all finance activities for Chrysler operations in more than 125 markets outside the United States and Canada. From 1997 to 2003, Bowen was based in Japan while serving as senior vice president and CFO for DaimlerChrysler Japan and President of Chrysler Japan Sales.

Bowen graduated from University of Michigan with a BA in Economics and an MBA with a concentration in finance.

The DIA promoted Peggy Falcon this month to vice president of development. Falcon is responsible for building a strategic fundraising program that aligns with the mission and goals of the museum. In addition, Falcon will coordinate major museum and donor events and oversee all development issues including grant seeking and fulfillment, membership programs, annual fund and gift planning.

Falcon came to the DIA eight years ago as campaign director and has since added major gifts and corporate relations to her responsibilities. During her tenure, she has seen the DIA through two campaigns: A New Day at Your DIA, with a total of $218 million raised; and Great Art New Start, which raised $128 million. Falcon is currently leading the museum’s 125th Anniversary Campaign, with $44 million in cash and pledges to date. Campaign funds have been used to support operations and build endowment.

Prior to joining the DIA, Falcon worked as director of development for the Flint Cultural Center Corporation, which is a 30-acre campus with four member organizations and a total of seven distinct arts institutions. She headed a campaign that successfully raised more than $50 million.

Before the job in Flint, Falcon was director of development for the Buffalo Philharmonic Orchestra, in Buffalo, NY.

Falcon graduated from Indiana University of Pennsylvania with a BS in Spanish.

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The Detroit Institute of Arts (DIA), one of the premier art museums in the United States, is home to more than 60,000 works that comprise a multicultural survey of human creativity from ancient times through the 21st century. From the first Van Gogh painting to enter a U.S. museum (Self-Portrait, 1887), to Diego Rivera's world-renowned Detroit Industry murals (1932–33), the DIA's collection is known for its quality, range, and depth. The DIA’s mission is to create opportunities for all visitors to find personal meaning in art.

Programs are made possible with support from the City of Detroit.

Contact: Pamela Marcil 313-833-7899 pmarcil@dia.org www.dia.org