William Ruprecht has been appointed the Chairman of Sotheby’s Board of Directors. He will keep his post as President and Chief Executive Officer as well. The previous Chair for the past 13 years, Michael I. Sovern, will continue to serve on the board as well. Ruprecht started as an administrator in the Rugs department 32 years ago, and has since developed a strong client base in emerging international markets, grown the business’s art-related financing, private sales and online presence. (more…)