Phillips Sees Major Leadership Shakeup After a Shaky Auction Season

On Monday, Phillips announced several major changes to its leadership team, led by the resignation of global chairwoman Cheyenne Westphal, who is leaving the auction house after holding the position since 2017.“I am grateful to my wonderful colleagues at Phillips for eight exceptional years and I now look forward to starting an exciting new chapter in the art world working with private collectors and artists directly,” Westphal said in a statement. “The art market is an ev