NEW YORK, NY.-
Michael Sovern, Chairman of Sothebys
, announced that James Murdoch had been unanimously nominated by the Board of Directors of Sothebys to stand for election as a Director of Sothebys at the Companys May 6, 2010 Annual Meeting of Shareholders.
James has impressive experience in several important areas that will be immensely valuable to Sothebys said Mr. Sovern. His knowledge of Asia and his media perspectives which include his sophisticated understanding of digital media and the Internet are a good fit with Sothebys own longer term strategic goals. We are delighted that James has agreed to join the slate of Directors standing for election to our Board.
Mr. Murdoch was appointed Chairman and Chief Executive, Europe and Asia, News Corporation in 2007, with responsibility for the strategic and operational development of News Corporations television, newspaper and related digital assets in Europe, Asia and the Middle East. Mr. Murdoch is Chairman of the UK pay TV operator BSkyB and is a Director of News Corporation. He served as Chief Executive Officer of BSkyB from 2003 to 2007 and was previously Chairman and CEO of STAR, News Corporations Asian broadcast business. Since 2009, Mr. Murdoch has served as a Non-Executive Director on the Board of GlaxoSmithKline plc, the international pharmaceuticals company.
James Murdoch said: I am delighted to have been offered the opportunity to join the Sothebys Board. Sothebys is renowned for its expertise, its customer service and, of course, art of the highest quality. I look forward very much to working with them as they expand their business into new markets and explore new ways of engaging with clients.
Mr. Murdochs fellow directors on the Board will be Michael Sovern, Chairman, the Duke of Devonshire, Deputy Chairman, William Ruprecht, President and Chief Executive Officer, Robin Woodhead, Chairman, Sothebys International, John Angelo, Lord Michael Blakenham, Allen Questrom, Don Stewart, Robert Taubman, Diana Taylor and Dennis Weibling. The Sothebys shareholders will vote for Directors and other matters at the Companys Annual Meeting in New York City in May.