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Abrupt exit of Christie's CEO prompts review

Heads roll as fight to lure wealthy collectors continues between Christie's and rival Sotheby's

"My understanding was that he was close to Francois Pinault. You have to ask what happened. The relationship must not have been working." - Tim Hunter, vice-president of art financing at Falcon Fine Art Ltd on the surprise exit last week of CEO of Christie's, Steven Murphy


CHRISTIE'S International Plc's Patricia Barbizet, who was named chief executive officer last week after the surprise exit of Steven Murphy, will review options that may include a restructuring of the world's largest auction house, said people familiar with the company's plans.

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