Sotheby's Names Michael Goss CFO, Succeeding Dennis Weibling

By Ciara LinnaneMarketWatch Pulse

Auction house Sotheby's said Thursday it has appointed Michael Goss as chief financial officer, succeeding Dennis Weibling, who will remain on the board. Goss is a former partner and managing director of private-equity firm Bain Capital. Sotheby's shares were not yet active in premarket trade, but are down 41% in the last 12 months, while the S&P 500 has fallen about 6%.

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