What's Happening?
Evelyn Lin has been appointed as the chairman of Modern and Contemporary Art, Asia, at Sotheby’s, following a year at Pace. Lin, who has over 25 years of experience in the art trade, will begin her role on November 3. Her appointment comes after the closure of Pace's Hong Kong space, where she served as president of Greater China. Lin's return to Sotheby’s marks a significant move in the art market, as she brings fresh insights from her recent experience in the primary market.
Why It's Important?
Lin's appointment is significant for Sotheby’s as it aims to strengthen its position in the Asian art market. Her extensive experience and successful track record in setting auction records for Asian art will be crucial in navigating the evolving market dynamics. Lin's leadership is expected to bring new perspectives to Sotheby’s auction works, potentially influencing the market trends and attracting more collectors and artists to the region.
What's Next?
Lin will join the inaugural marquee sale at Sotheby’s new global headquarters in New York in mid-November. Her role will involve collaborating with other chairmen and managing directors to shape the future of the Asian art market. The closure of Pace's Hong Kong space may lead to strategic shifts in the gallery's operations, with Lin's insights potentially guiding Sotheby’s approach to engaging with artists and collectors in Asia.
Beyond the Headlines
Lin's return to Sotheby’s highlights the competitive nature of the art market and the importance of experienced leadership in driving growth. Her appointment may influence other galleries and auction houses to reevaluate their strategies in Asia, considering the region's economic expansion and art market boom. Lin's focus on introducing new art movements and artists to Asia could lead to a diversification of the market, fostering cultural exchange and innovation.
