Spain’s Guggenheim Museum Bilbao has sacked its Chief Financial Officer, Roberto Cearsolo Barrenetxea, Wednesday over confessed embezzlement totaling nearly $800,000 USD over the past decade through small transactions dealing with two companies related to the museum.
Museum officials were unaware of the theft until local authorities raised questions about an unrelated financial transaction.
According to Guggenheim Bilbao director Juan Ignacio Vidarte, Cearsolo confessed in a letter and has returned nearly $462,000 to the museum and has also pledged to return the remainder and to co-operate with a formal investigation.
Operations Manager at Bad at Sports
Christopher Hudgens is the Operations Manager for BaS and works in various other capacities for other organizations in the Chicago Art & Culture scene. Most recently as Business Operations Manager for the Bridge Art Fair and currently an advocate for all things art & technology.
Latest posts by Christopher Hudgens (see all)
- Episode 887: 21C Hotels, Jennifer Murray, and Artist Evan Fusco - January 2, 2025
- Episode 886: Scott Speh on 20 Years of Western Exhibitions & Chicago Art Scene Reflections - November 29, 2024
- Episode 885: Betsy Odom - November 26, 2024
