Phillips, which hosts some of the most prestigious auctions in the world, has appointed Sam Hines as deputy chairman, Asia, as it continues its expansion in the Far East.
Mr Hines will also maintain his role as international head of watches at Phillips.
Mr. Hines joined Phillips as head of watches in August 2015 and manages the international specialist teams in Hong Kong, Geneva, London and New York.
He has overseen four auctions in the watch category to date, including the company’s landmark inaugural auction in Hong Kong in December 2015, and May sales in both Geneva and Hong Kong which sold eight watches above US$1 million and four watches above US$2 million.
Edward Dolman, chairman and chief executive officer of Phillips, said the promotion of Mr Hines was recognition of his success with watches and a signal of the house’s growing ambitions in Asia. “As we continue our expansion into the Asian market, we are pleased to appoint Sam as deputy chairman, Asia.
“He has played a fundamental role in our first year in Hong Kong including overseeing our first two auctions in Asia, both of which produced market-leading results.”