NEW YORK, NY.-
Bill Ruprecht, Chairman, President, and Chief Executive Officer of Sothebys
, today announced the appointment of Alexander Rotter and Cheyenne Westphal as Worldwide Heads of Sothebys Contemporary Art Department. Bill Ruprecht also announced the appointment of Helena Newman and Simon Shaw as Worldwide Heads of Sothebys Impressionist & Modern Art Department. In addition, Samuel Valette has been named Vice Chairman Worldwide of Private Sales for the category.
Over the past several years, Sothebys 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 Sothebys Contemporary Art Department, Sothebys 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 Sothebys 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 pioneering a number of key developments across the business. Along with Miety Heiden, he was behind the launch of Sothebys 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 Sothebys 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 Sothebys 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 Richters abstract and photorealist works. In the autumn of 2013, Cheyenne inaugurated Sothebys 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 Sothebys 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 Sothebys 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.
Without question, Sothebys 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 Simons leadership is a successful formula for our clients and our business. Over the course of their combined 44 years at Sothebys, they have helped bring to market iconic works of art spanning 100 years of art history, including Edvard Munchs The Scream, Alberto Giacomettis Walking Man, and Pablo Picassos 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 Sothebys 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 Sothebys. We are fortunate to count some of the worlds 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 Sothebys, 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.