Art Basel, which has three annual contemporary fairs to its name, in Basel, Switzerland; Miami Beach, Fla.; and Hong Kong, announced today that is planning to make some changes to the organization of its leadership, with Marc Spiegler, who currently co-directs the Basel and Miami Beach editions with Annette Schönholzer, being promoted to director of the complete fair trinity.
Mr. Spiegler, a former journalist who joined Art Basel as a director in 2007, will chair a four-member executive committee that will be made up of himself, Ms. Schönholzer in the new role of director of new initiatives, Magnus Renfrew in the position of director Asia, and a director of resources and finance who will be named later. Earlier this month, those three directors were awarded the number 16 spot on Art Review‘s annual Power 100 list.
Mr. Renfrew previously directed the Art HK fair, which Art Basel’s parent company, MCH Swiss Exhibition (Basel) Ltd., purchased a 60 percent stake in back in May 2011.
The changes will not go into effect until the director of resources and finances—who will be charged with “optimizing Art Basel’s structures to support a growing and dynamic team,” according to a statement from the company—is named.