JAN PRASENS APPOINTED MANAGING DIRECTOR OF SOTHEBY’S EUROPE

Sotheby’s announced today that Jan Prasens has been named the new managing director of Sotheby’s Europe. While he will be based in London, Prasens’s responsibilities will also include the company’s operations in the Middle East, Russia, India, and Africa. A seasoned member of Sotheby’s senior management team, Prasens has spent the past decade building Sotheby’s financial services.

“While Jan’s commercial credentials are impeccable, he also commands a deep understanding of our business and clients,” said Tad Smith, Sotheby’s CEO. “Over the course of his twenty-year career at Sotheby’s, he has worked with nearly every single specialist department and built relationships with some of our most important clients, negotiating, along the way, some of the largest consignments in Sotheby’s history.”

Prior to his post leading Sotheby’s financial services, Prasens worked for the company’s corporate finance team, and became treasurer in 2006. The following year, he assumed the position of managing director of Sotheby’s financial services. He will continue to oversee the department’s operations until a search for new leadership is completed, at which time he’ll begin to serve in an advisory role.