(Courtesy Contemporary Art Museum St. Louis)

The official word is out today from the Contemporary Art Museum St. Louis - director Paul Ha is headed out of town.

Ha has been offered the position of director at the Massachusetts Institute of Technology's (MIT) List Center for the Visual Arts and is expected to begin his new position Dec. 1.

According to CAM, Ha raised an aggregate of over $40 million during his tenure and created the institution's first endowment, in the amount of $5 million.