Sotheby's Appoints Jewelry Executives

August 8, 2006

Sotheby's Appoints Jewelry Executives

Sotheby's, the international auction house, has appointed chairpersons to oversee two of its jewelry departments.

David Bennett will serve as chairman of jewelry for Europe and the Middle East, while Lisa Hubbard will chair the jewelry department for North and South American.

"Having consolidated Sotheby's position in the jewelry auction world and having successfully launched Sotheby's Diamonds, these appointments show our commitment to further strengthen our jewelry activities," says Daryl Wickstrom, managing director of Sotheby's global auction division, in a release. "Sotheby's is honored to have two such gifted, experienced and high-profile senior experts to lead and guide the auction team."

Hubbard joined Sotheby's in 1977 and has worked in Los Angeles, Hong Kong and New York. She was instrumental in setting up Sotheby's jewelry auctions in Hong Kong, which began in 1985. She was actively involved in the record-breaking New York sales of the estate of Jacqueline Onassis in 1996 and the Duke and Duchess of Windsor in 1998.

Bennett joined the company in 1974 and has been involved with most of the high-profile jewelry collections for sale, including the jewels of the Duchess of Windsor and the collections of Ava Gardner and the Begum Aga Khan. He served as auctioneer for the sales of the only three 100-carat perfect white diamonds to have been sold at auction, the last selling for the world record price of $16.5 million, and was the architect of the most successful jewelry auction ever held, which totalled $69 million in the mid 1990s.

Sotheby's jewelry sales continue to grow. In May, Sotheby's Geneva Magnificent Jewels sale realised $24.2 million, the highest total for any auction house in that series.

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