13 Aug 2014 08:00
13 August 2014
The Stanley Gibbons Group plc
("Stanley Gibbons" or the "Company" or "the Group")
Appointment of George Bailey as Chairman of Dreweatts & Bloomsbury Auctions
The Stanley Gibbons Group plc announces the appointment of George Bailey as Chairman of Dreweatts & Bloomsbury Auctions, the art and antiques auctions subsidiary of The Stanley Gibbons Group plc with effect from 1 September 2014.
With over 35 years' experience in the fine art and auction industry, George is best known for his career at Sotheby's as a key member of the firm's European management team and as an exceptional auctioneer.
In March 2013, George launched The Auction Room, an innovative 'on-line only' auction portal, that has enjoyed marked successes with sales of notable collections including Middle Eastern Contemporary art from the Saatchi Gallery and Scottish paintings from the Fleming Collection.
The Stanley Gibbons Group is committed to a multi-dimensional growth strategy that includes the imminent launch of a SG-branded online Marketplace for Collectibles; as well as continuing to pursue a growth strategy for its international auctions business. George's significant experience at the most senior level of the auction industry will be a valuable addition to the Group's senior management team.
Stephan Ludwig, Chief Executive of Dreweatts & Bloomsbury Auctions, commented: "The art market is unquestionably still a 'people business' and in George we are fortunate to be gaining the experience of a highly respected senior figure in the industry."
George Bailey added: "The auction market is undergoing a generational transformation driven in large part by the online revolution in collector buying habits. It is clear to me that a strongly capitalized and energetically managed business can quickly develop a very credible international authority in what remains a highly fragmented market. Since establishing The Auction Room I have worked on a number of projects with Stephan and look forward to contributing to the delivery of Stanley Gibbons' growth plans."
For further information, please contact or visit www.stanleygibbons.com
The Stanley Gibbons Group plc
| |
Michael Hall, Chief Executive | +44 (0) 1534 766711 |
Stephan Ludwig, Dreweatts & Bloomsbury Auctions
| +44 (0) 20 7495 9494 |
| Peel Hunt LLP, NOMAD/Broker
| |
Dan Webster/Matthew Armitt/Richard Brown | +44 (0) 20 7418 8900 |
Tavistock Communications
| |
John West/Teresa Towner | +44 (0) 20 7920 3150 |