The New York Public Library is to name Anthony W. Marx, president of Amherst College in Massachusetts, as its new leader Wednesday, according to The New York Times.

Pending expected approval by the library’s board, Mr. Marx, a political scientist and a New York native, will replace Paul LeClerc, who is retiring next year.

Fund raising is a big part of the job for the institution’s leader. Last year, the organization raised more than $75-million from private sources.

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