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Sotheby’s Hires Rauschenberg Foundation CEO Christy MacLear, Aiming to Expand Advisory Services for Artist Estates
Barely over a week ago we were here telling you that Sotheby’s had acquired an anti-forgery firm, furthering its status as an auction house that would keep on adding appendages to its business until it reached full vertical integration. Instead of outsourcing its needs to specialized practices, Sotheby’s could become a sort of mini-art world, with all the necessary services on offer for its clients and shareholders around the world.
So far Sotheby’s has acquired the following: the advisory firm Art Agency, Partners; the director of a museum devoted to the market’s favorite artist (Andy Warhol); the parent company of a Chinese auction house, as its new leading shareholder; a trade paper’s auction reporter, to file analysis internally at Sotheby’s instead of for a general readership; an analytics machine that churns out data comparing the strength of the art market to other asset classes; a branch of Sant Ambroeus to fuel its clients with caffeine; and, as of last week, a new science division to catch fakes.
What to buy next? I speculated that it would be a Saville Row tailor to make it easier to get fitted for the same suit that all those guys wear, but instead, they’ve hired Christy MacLear, who has been the inaugural CEO of the Robert Rauschenberg Foundation since 2010. She’ll be working to expand the advisory services within Sotheby’s, acting as its expert on artist estates and foundations.
“We are extremely pleased with the development of our advisory services business both in terms of impact with new and existing clients as well as for Sotheby’s shareholders,” Sotheby’s CEO Tad Smith said in a statement. “Expanding into advisory services for artists and artist endowed foundations is an exciting Robert Rauschenberg Foundation Executive Director Christy MacLear joined First Lady Michelle Obama at the White House on Tuesday, February 10, to celebrate the installation of Rauschenberg’s Early Bloomer [Anagram (A Pun)], 1998. Also included in the White House Dining Room are works by artists Anni Albers, Josef Albers, and Alma Thomas. The installation is now open to the public. This work, part of a series Rauschenberg made using digital color transfers, was donated in honor of the Robert Rauschenberg Foundation in 2011. It was first unveiled during the Celebration of American Art presentation, hosted by Michelle Obama at the White House on June 5, 2013. Early Bloomer [Anagram (A Pun)] is one of the first works of contemporary art to be displayed in the public rooms of the White House. Also on Tuesday, former Vice President Walter Mondale attended the Open Studio at the Rauschenberg Residency on Captiva Island, Florida. During his visit to the residency, Mondale enjoyed presentations by vocalist Somi, musician Hervé Samb, performance artist Laurie Anderson, and actor Cheryl Lynn Bruce, and he viewed works by visual artists Manal AlDowayan, Kim Faler, Ann Hamilton, Brad Kahlhamer, Mario Martinez, and Carrie Mae Weems. Christy MacLear, who left her post as CEO of the Robert Rauschenberg Foundation in late 2016 to join the Sotheby’s advisory Art Agency, Partners, is no longer serving in her role there, ARTnews has learned. She had left the Rauschenberg Foundation, where she began as the inaugural chief executive in 2010, to join Art Agency, Partners, as vice chairman, with a specialty in artist estates and foundations. In an email to ARTnews on Monday, MacLear said, “It has always been my honor to work on planning legacies of artists—I took the leap to AAP/Sotheby’s to verify the need and then innovate in the field. We did that, and now it is time for me to work on behalf of artists independently after my non-compete period.” Sotheby’s declined to comment on the nature of MacLear’s departure on Friday afternoon, and said in a statement: We are grateful for Christy’s leadership as we expanded our advisory services to artists, artist estates and foundations and wish her much success in her future endeavours. At the time of MacLear’s hiring, Sotheby’s CEO Tad Smith said, “Expanding into advisory services for artists and artist endowed foundations is an exciting new frontier and we are thrilled that Christy is here to lead such an important initiative for us.” Last October, Artnet News reported that under MacLear “Sotheby’s has been steadily building up its advisory service for artist estates. Art Agency, Partners, the auction house’s advisory arm, has signed on 12 clients in the nine months since launching the service, including those of sculptor Robert Graham and the artist Vito Acconci.” In February, Pace Gallery and AAP announced that they would collaborate on representation of the Acconci estate. And artist couple Eric Fischl and April Gornik were working with Art Agen The Stanford University Board of Trustees recently elected four new members: Mary Barra, chief executive officer of General Motors Co.; Dipanjan “DJ” Deb, chief executive officer of Francisco Partners FP; Bradley A. Geier, co-managing partner of Merlone Geier Partners; and Christy MacLear, executive director of the Robert Rauschenberg Foundation. The new trustees – whose five-year terms begin Sept. 1 – were elected through the alumni nominations process. Every two-and-a-half years, the Stanford Alumni Association’s Alumni Committee on Trustee Nominations and the board’s Committee on Trusteeship present four names to the board for election. “The board is delighted to welcome these new members who bring an impressive array of accomplishments, a broad range of perspectives and experiences, and a deep commitment to the well-being of Stanford,” said Steven A. Denning, chair of the Stanford University Board of Trustees. “We thank the Stanford Alumni Association for its thoughtful deliberations that led to the selection of these trustees.” Mary Barra (Image credit: Courtesy Mary Barra) Barra, who became the first female CEO of a major global automaker when she took the helm at General Motors in January 2014, is also a member of its board of directors. In 2014, GM, the largest U.S. automaker, reported record global sales of more than 9.9 million vehicles. The Detroit-based company has more than 212,000 employees and, with its partners, produces a range of vehicles in 30 countries around the world. Before becoming CEO, Barra served as the company’s executive vice president, Global Product Development, Purchasing & Supply Chain, and as senior vice president, Global Product Development. In those roles, she was responsible for the design, engineering, program management and quality of GM vehicles around the world, including the award-winning Chevrolet Corvette Stingray and the Chevy Silverado. Since starting her GM career in 1980, Barra has held
Presidents Day honored with First Lady Michelle Obama and former Vice President Walter Mondale
Christy MacLear Is Out at Sotheby’s Advisory Art Agency, Partners [Updated]
Mary Barra