human resources

Sotheby’s Names New Worldwide Department Heads

Shaw.

Shaw.

Sotheby’s officially named the new heads of its contemporary and Impressionist-modern departments today.

They’re familiar names: Alexander Rotter and Cheyenne Westphal will serve as the new Worldwide Heads of Sotheby’s Contemporary Art Department, and Helena Newman and Simon Shaw will be the new Worldwide Heads of Sotheby’s Impressionist & Modern Art Department.

If you’re especially into Sotheby’s Kremlinology, or titles, you’ll find the text of both announcements below.

SOTHEBY’S ANNOUNCES
HELENA NEWMAN & SIMON SHAW
AS GLOBAL HEADS OF IMPRESSIONIST & MODERN ART
NEW YORK, 31 January 2014 – Bill Ruprecht, Chairman, President and Chief Executive Officer of Sotheby’s, today announced the appointment of Helena Newman and Simon Shaw as Worldwide Heads of Sotheby’s Impressionist & Modern Art Department. In addition, Samuel Valette has been named Vice Chairman Worldwide of Private Sales for the category. Join Helena and Simon as they discuss the ‘Defining Moments’ of their time at Sotheby’s

“Without question, Sotheby’s team of Impressionist & Modern Art specialists is the most experienced and consistently dominant in the auction market,” commented Mr. Ruprecht. “With global sales that grew 21% in 2013 alone, it is clear that Helena and Simon’s leadership is a successful formula for our clients and our business. Over the course of their combined 44 years at Sotheby’s, they have helped bring to market iconic works of art spanning 100 years of art history, including Edvard Munch’s The Scream, Alberto Giacometti’s Walking Man, and Pablo Picasso’s Boy with a Pipe – each achieving prices over $100 million and establishing lasting benchmarks in the auction market. I am similarly thrilled to have Samuel Valette assume the role of Vice Chairman Worldwide of Private Sales in Impressionist & Modern Art, having brokered some of Sotheby’s most significant private sales in recent years.”

Helena Newman and Simon Shaw said: “The global structure of our team reflects the increasing global demand in the market for Impressionist & Modern Art – clients from a remarkable 72 countries participated in our 2013 auctions in New York and London, with nearly 33% of bidders new to the category at Sotheby’s. We are fortunate to count some of the world’s most seasoned experts as part of our team: our Chairmen Melanie Clore and David Norman together have unmatched experience in this field; Philip Hook, Charles Moffett and Benjamin Doller have been long-celebrated for their expertise and connoisseurship, in addition to their longstanding relationships with leading collectors; and our growing ranks of young talent assure our position of driving the future of this vibrant market. Throughout our careers at Sotheby’s, we both have strived personally to showcase the greatest works from across a wide range of genres and styles, including German Expressionism, Surrealism, Futurism and numerous works by Edvard Munch, and will continue to do so in our new roles.”

IMPRESSIONIST & MODERN ART AT SOTHEBY’S
BY THE NUMBERS
41 specialists,
in 18 cities across the globe
Achieving $1.128 billion in auction sales in 2013,
a 21% increase over the previous year
Leading the global market for Impressionist & Modern Art in 2011, 2012 and 2013
Bringing seven of the top ten prices at auction in 2013 in this category,
including the top price of the year for Alberto Giacometti’s
Grande tête mince (Grande tête de Diego) ($50 million)
Reaching strong sell-through rates of over 80%
in each of our 2013 Evening Sales worldwide
Participation from 72 countries across our 2013 auctions,
with nearly 33% of bidders new to the category at Sotheby’s
Establishing 12 artist records in our 2013 Evening Sales, including
Georges Braque ($15.8 million), Giacomo Balla ($11.5 million), and Francis Picabia ($8.8 million)
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Setting historic benchmark results in the category
World auction record for any Impressionist & Modern work
– Edvard Munch’s The Scream, sold for $119.9 million in 2012 –
World auction record for any Impressionist & Modern sculpture
– Alberto Giacometti’s L’Homme qui marche I, sold for $104.3 million in 2010 –
First auction ever to sell a work of art for over $100 million
– Pablo Picasso’s Garçon à la pipe, sold for $104.2 million in 2004 –
MEET THE TEAM
FOR MORE NEWS FROM SOTHEBY’S
Visit: http://www.sothebys.com/en/inside/services/press/news/news.html
Follow: http://www.twitter.com/sothebys
Join: http://www.facebook.com/sothebys & http://www.weibo.com/sothebyshongkong
Watch: http://www.youtube.com/sothebys
Sotheby’s has been uniting collectors with world-class works of art since 1744. Sotheby’s became
the first international auction house when it expanded from London to New York (1955), the first to
conduct sales in Hong Kong (1973) and France (2001), and the first international fine art auction
house in China (2012). Today, Sotheby’s presents auctions in nine different salesrooms, including
New York, London, Hong Kong and Paris, and Sotheby’s BidNow program allows visitors to view all
auctions live online and place bids in real-time from anywhere in the world. Sotheby’s offers
collectors the resources of Sotheby’s Financial Services, the world’s only full-service art financing
company, as well as private sale opportunities in more than 70 categories, including S|2, the gallery
arm of Sotheby’s Contemporary Art department, as well as Sotheby’s Diamonds and Sotheby’s
Wine. Sotheby’s has a global network of 90 offices in 40 countries and is the oldest company listed
on the New York Stock Exchange (BID).
*Estimates do not include buyer’s premium and prices achieved include the hammer price plus
buyer’s premium.
Images are available upon request
All catalogues are available online at http://www.sothebys.com or through Sotheby’s Catalogue iPad App.
# # #

SOTHEBY’S ANNOUNCES
ALEXANDER ROTTER & CHEYENNE WESTPHAL
AS GLOBAL HEADS OF CONTEMPORARY ART
NEW YORK, 31 January 2014 – Bill Ruprecht, Chairman, President, and Chief Executive Officer of
Sotheby’s, today announced the appointment of Alexander Rotter and Cheyenne Westphal as
Worldwide Heads of Sotheby’s Contemporary Art Department.
Join Alexander and Cheyenne as they discuss the
‘Defining Moments’ of their time at Sotheby’s
VIDEO
“Over the past several years, Sotheby’s global Contemporary team, under the leadership of Alex and
Cheyenne and spanning from Mexico City to Hong Kong, had remarkable success across every
aspect of the Contemporary art market,” commented Mr. Ruprecht. “With auction sales that have
grown five-fold in the past decade and private sales that have quadrupled since 2010, as well as the
development of the S|2 brand, the global gallery arm of Sotheby’s Contemporary Art Department,
Sotheby’s is uniquely qualified to best serve clients in the marketplace. Alex and Cheyenne boast
nearly 40 years of experience between them and have strong relationships with virtually every major
collector, dealer, advisor and artist in the field. The powerful combination of the next generation of
deal-makers, together with arguably the most seasoned network of Chairmen and advisors in the
field, positions Sotheby’s exceptionally well as the market for Contemporary art continues to grow
exponentially.”
Alexander Rotter has been instrumental in many of the highest profile auctions in New York of recent
years, including the Rockefeller Rothko ($72.8 million), Jeff Koons’ Hanging Heart ($23.6 million),
and most recently the $104 million Silver Car Crash by Andy Warhol, while at the same time
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pioneering a number of key developments across the business. Along with Miety Heiden, he was
behind the launch of Sotheby’s first S|2 gallery in New York in 2011, and more recently has been
working with senior management on exploring investment opportunities in the field of
Contemporary Art. Alexander played a critical role in the highly successful sale of Contemporary Art
held by Sotheby’s in Doha, Qatar this past April, and presided over the evening as auctioneer. He is
joined by Gabriela Palmieri, Grégoire Billault, and Miety Heiden, each of whom bring significant
expertise and are responsible for high-value transactions each year. Their focus on business
development, auction sales and private sales respectively is complemented by the support of senior
executives including Chairman, Lisa Dennison, former Director of the Guggenheim Museum, who
has played a key role in the sale of a number of major Abstract Expressionist masterworks in recent
years; Vice Chairman, Anthony Grant, whose venerable expertise and counsel is sought by many of
the most important collectors in the United States; Lulu Creel, who is at the forefront of the
development of major collections in Latin America; and Andrea Fiuczynski, who recently joined the
company as Chairman of Sotheby’s West Coast operations.
Cheyenne Westphal is one of the most experienced Contemporary art professionals in the market
today and has been a leading force in Europe for decades. She was integral to the success of the
Damien Hirst sale, Beautiful Inside My Head Forever, which raised $200.75 million in 2008, the $92.2
million auction of the Duerckheim Collection in 2011, and the sale of the Gunther Sachs Collection in
2012 that totaled $65.5 million, as well as the record-breaking development of the market for both
Gerhard Richter’s abstract and photorealist works. In the autumn of 2013, Cheyenne inaugurated
Sotheby’s S|2 gallery in London with Joseph Beuys Revealed, and an exciting schedule of exhibitions
is planned for 2014, including the recently opened show JUST NOW, curated by Bert Kreuk. In
addition, Cheyenne has played a leading role over the last seven years in Sotheby’s annual support
of The Tate Britain Commission. Cheyenne is joined by Oliver Barker, Deputy Chairman Europe and
noted auctioneer; Alex Branczik, Head of the Contemporary Art Department in London; Isabelle
Paagman, Head of Private Sales for Contemporary Art in London; Claudia Dwek, Deputy Chairman
Europe, who directs Sotheby’s 20th Century Italian Art auctions; and Stefano Moreni, Head of the
Contemporary Department in Paris, in addition to a seasoned team of more than international 30
colleagues,
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S|2 at Sotheby’s
Private sales of Contemporary Art at Sotheby’s globally have quadrupled since 2010. In New York in
the autumn of 2011, Sotheby’s launched the first of two galleries dedicated to sales of Contemporary
Art under the S|2 brand. Since the opening of the Richard Gluckman-designed space in New York,
the gallery has played host to a range of shows organized both by Sotheby’s as well as art world
figures such Vito Schnabel, Vladimir Restoin Roitfeld, and Paul Kasmin, among others. Highlights
include: Man Made: Jean-Michel Basquiat, Les Lalanne: The Poetry of Sculpture and Keith Haring:
Shine On, in addition to SHUIMO, an exhibition of Chinese Contemporary Ink paintings, many of
which were created especially for the show. The S|2 team has organized a number of pop-up
exhibitions in Los Angeles and Hong Kong, including: Yayoi Kusama – Hong Kong Blooms in My Mind
(2012) and From Warhol, With Love (2013). In October 2013, Sotheby’s inaugurated the second
dedicated S|2 gallery in London, designed by David Kohn Architects, with Joseph Beuys Revealed
and currently on view is Just Now – curated by Bert Kreuk, which features works by Oscar Murillo,
Alex Hubbard and Danh Vo, among others. Further S|2 shows on the calendar for 2014 include This
Side of Paradise in London and Bertoia: A Celebration of Sound and Motion in New York. The global
S|2 team is led by Miety Heiden and directed by Anna McKnight in New York and Fru Tholstrup in
London.
CONTEMPORARY ART SALES AT SOTHEBY’S
BY THE NUMBERS
528%
Increase in Sotheby’s Contemporary Art sales over the past 10 years
$380.6 million
Total achieved at the November 2013 Evening Sale, highest ever in company history
200%
Increase in the activity of Asian collectors in Sotheby’s Contemporary Art sales last year
251
Contemporary works sold privately by Sotheby’s in 2013
13
Contemporary works over $20 million sold at auction in 2013, nearly double 2012
67
Countries that participated in our Contemporary Art sales last year
4
26
Contemporary specialists with a decade or more at Sotheby’s
45
Members of Sotheby’s global Contemporary team under the age of 35
34%
Buyers in Sotheby’s 2013 Contemporary sales participating for the first time
11
Consecutive Contemporary Art Evening Auctions with a sell-through rate of over 80%
MEET THE TEAM
Sotheby’s Worldwide Contemporary Art Department
FOR MORE NEWS FROM SOTHEBY’S
Follow: http://www.twitter.com/sothebys
Join: http://www.facebook.com/sothebys & http://www.weibo.com/sothebyshongkong
Watch: http://www.youtube.com/sothebys
Sotheby’s has been uniting collectors with world-class works of art since 1744. Sotheby’s became the first
international auction house when it expanded from London to New York (1955), the first to conduct sales in
Hong Kong (1973) and France (2001), and the first international fine art auction house in China (2012). Today,
Sotheby’s presents auctions in nine different salesrooms, including New York, London, Hong Kong and Paris,
and Sotheby’s BidNow program allows visitors to view all auctions live online and place bids in real-time from
anywhere in the world. Sotheby’s offers collectors the resources of Sotheby’s Financial Services, the world’s
only full-service art financing company, as well as private sale opportunities in more than 70 categories,
including S|2, the gallery arm of Sotheby’s Contemporary Art department, as well as Sotheby’s Diamonds and
Sotheby’s Wine. Sotheby’s has a global network of 90 offices in 40 countries and is the oldest company listed
on the New York Stock Exchange (BID).
*Estimates do not include buyer’s premium and prices achieved include the hammer price plus buyer’s premium.
Images are available upon request
All catalogues are available online at http://www.sothebys.com or through Sotheby’s Catalogue iPad App.
# # #

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