Longtime auction market veteran Edward Dolman is returning from a three year stint at the Qatar Museums Authority to head Phillips, the perennial third-place auction house, and to challenge the long-running dominance of Sotheby’s and Christie’s.  “It’s certainly been tried before,” he said in a telephone interview with the New York Times. “I’ve always thought it would be good for everyone to offer clients more options, especially with the significant growth in the number of collectors there are now from all over the world.”    (more…)

Sotheby’s auction house has appointed Patrick S. McClymont, a former partner and managing director at Goldman and Sachs, as its new Chief Financial Officer, beginning October 7th.  McClymont replaces current CFO William S. Sheridan at the post, who has served the company for 17 years.  “I have had the privilege of working with a highly skilled, highly professional finance, investor relations and information technology team at Sotheby’s that I invested in and helped build, and they deserve an enormous amount of credit for all that we accomplished. It has been a true pleasure to be part of Sotheby’s and now I look forward to spending more time with my family and focusing on charitable work,” Sheridan remarked. (more…)