Oliver Barker is to take over responsibility for evening Contemporary art sales for Sotheby’s in New York and London following the departure of Tobias Meyer.
Mr Barker, deputy chairman of Sotheby's
Europe, is stepping into the breach following what Sotheby's said
was a mutual decision between the company and Mr Meyer not to renew
the contract for the auction house's Worldwide Head of Contemporary
The announcement came just days after Mr
Meyer, pictured here, had overseen the most successful New York
Contemporary art series in the company's history, totaling $380m.
However, this was dwarfed by $691m taken at Christie's for their
raft of sales in the same series.
Sotheby's chief executive Bill Ruprecht had
only compliments for Mr Meyer, while praising the expertise of the
remaining global Contemporary art team.
Nonetheless, few industry opinion formers
will consider that the departure is entirely unconnected with the
recent upheaval at Sotheby's sparked by hedge fund investor Daniel
Loeb, whose public criticism of the company's management style and
attempts to oust Mr Ruprecht have so far failed.