Interview with Jim Wood, New Getty President

A little over a year ago, Barry Munitz resigned under fire as head of the Getty Trust, America's third largest foundation and the world's richest art institution with $5.8 billion.  The state attorney general was investigating spending practices during Munitz's tenure, and the government of Italy had brought criminal charges based on the acquisition of allegedly stolen antiquities before Munitz got there. Late last year, 65 year-old James Wood came out of retirement from the Art Institute of Chicago.  An art historian, he'll be the first non-businessman to lead the Trust, which includes the Getty Museum in Brentwood and the Getty Villa in Malibu, in addition to the Institutes of Conservation and Research and the Getty Foundation.  We talk with Jim Wood about restoring good business practices, staff morale and a tarnished international reputation.