Sotheby’s announces new global Luxury & Lifestyle Division

Sotheby’s has introduced a new global Luxury & Lifestyle Division, to enhance value to its shareholders and clients. It has also announced Maarten ten Holder as global Managing Director of this division.

With this development, the company has united the categories of jewelry, watches, wine, cars and experiences, as well as the relationship with Sotheby’s International Realty, under one senior executive. “Our creation of a new division that unites these key areas globally under Maarten's talented leadership is yet more progress on Sotheby's strategy to serve clients and provide value for shareholders,” said Tad Smith Sotheby’s CEO."

Maarten has been a member of Sotheby’s senior management team, and will move from London, where he was most recently Managing Director of Sotheby’s operations in Europe, the Middle East, India and Africa to New York. His appointment is effective immediately.

Maarten ten Holder added, “I am thrilled to step into this crucial role leading the new Luxury & Lifestyle division. Each of these businesses operates in a market even larger than the art market, and I am excited to lead our strategic effort to fashion our talented teams into a stronger foundation for Sotheby's growth." An accomplished auctioneer, Maarten regularly conducts sales in all of Sotheby’s major international selling locations in five different languages.