Christie's Names New Chief Executive

Carol Vogel noted in the NY Times that Christie's chief executive Edward Dolman has been promoted to Chairman and and the company has hired outsider Steven Murphy as the new CEO. According to the article Dolman will work out of NY and concentrate on business development while Murphy will be based in London and run the operations.

Vogel reports

The appointment ended a six-month international search during which the company’s management considered candidates inside the company and out.

“This is about mixing the gene pool,’’ Mr. Dolman said in a telephone interview when asked why Christie’s would chose someone with little knowledge of the art world. Mr. Murphy said he sees the challenge of learning a new business as a natural transition after having been in publishing and music (he was president of EMI Music/Angel Records from 1991 to 1998) for most of his career. “This is about moving the company forward,’’ Mr. Murphy said in a telephone interview, “and building an environment for creative people to excel.’’

To read the full article, click HERE.