The Indianapolis Museum of Art has chosen the leader of a Louisville art museum as its new CEO, the IMA announced Wednesday afternoon.

Charles L. Venable, 52, the director and CEO of the Speed Art Museum in Louisville since 2007, will replace Maxwell Anderson, who left the IMA in January to become director of the Dallas Museum of Art. Venable will start the new job Oct. 8.

Founded in 1927, the Speed Art Museum is Kentucky's largest and oldest art museum. It boasts a collection of more than 13,000 works of art and receives more than 180,000 visitors per year.

The museum plans to launch a $79 million expansion later this year. To support that project, it has raised 95 percent of the $50 million sought in an ongoing capital campaign led by Venable.

“Charles has a proven track record as a director, curator and fundraiser at leading museums across the country,” said June McCormack, chair of the IMA Board of Governors, in a prepared statement. “During his five years as director of the Speed, Charles developed and instituted a clear vision for the future of his museum. He also initiated innovative partnerships that broadened the Speed’s reach throughout the Louisville community, which speaks to his understanding of how a museum can serve as an anchor and cultural hub for its city, as the IMA does for Indianapolis.”

Venable previously spent five years as the Cleveland Museum of Art's deputy director for collections and programs.

The native of Texas worked for 16 years at the Dallas Museum of Art before leaving for Cleveland in 2002.

Venable earned his doctorate in American studies at Boston University in 1993. He also has a master's degree in fine and decorative art from the University of Delaware and a bachelor's degree in American history and art history from Rice University.

Anderson led the IMA for more than five years before taking the Dallas position.

The IMA said Venable and his partner, Martin Webb, will live at Westerley, the historic 1920s estate that was once home to the Clowes family and given to the IMA for use as the director’s residence.