Stephen Brooks plans to expand Phillips’s global reach, bolster contemporary art sales
A former Christie’s executive known for arranging complex art deals and navigating the auction house through a recession has been hired to run Phillips, a smaller rival.
London-based auction house Phillips said it plans to name Stephen Brooks, 56 years old, as its new chief executive on Wednesday, enlisting him to expand the house’s reach globally, particularly across Asia. Mr. Brooks will also seek to bolster Phillips’s top-selling categories such as contemporary art, design, watches and jewelry.
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