Sotheby’s (NYSE:BID) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Sotheby’s (NYSE:BID) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Lisa Nadler, Executive Vice President and Chief Human Resources Officer of Sotheby’s (the “Company”), has stepped down from that position effective immediately. She will remain with the Company helping with transition as well as assisting on other special projects.

About Sotheby’s (NYSE:BID)

Sotheby’s is a global art business company. The Company is engaged in offering its clients opportunities to connect with and transact in a range of objects. The Company offers a range of art-related services, including the brokerage of private art sales, private jewelry sales through Sotheby’s Diamonds, private selling exhibitions at its galleries, art-related financing, and art advisory services, as well as retail wine locations in New York and Hong Kong. The Company operates through two segments: Agency and Finance. The Agency segment matches buyers and sellers of authenticated fine art, decorative art, jewelry, wine and collectibles (collectively, art or works of art or artwork or property) through the auction or private sale process. The Finance segment is engaged in art-related financing activities by making loans that are secured by works of art. The Company’s advisory services are classified within All Other segment.

Sotheby’s (NYSE:BID) Recent Trading Information

Sotheby’s (NYSE:BID) closed its last trading session down -1.25 at 49.45 with 771,359 shares trading hands.

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