Former L’Oréal and Maesa executive Emmanuel Danan will direct the auction house’s luxury department, including high-end jewelry, watches and leather goods.
Major lots sold last year at Christie’s included the largest white diamond ever offered at auction, at 228.31 carats, which went under the hammer for $21.7 million, and The Fortune Pink, a pear-shaped, vivid pink diamond that sold for $28.8 million. It also sold handbags and other accessories for a total of $32.8 million.
In his new role, Danan reports to Francis Belin, president of Christie’s Asia Pacific, who oversees Christie’s luxury activity as well as the Asian and World Art departments globally. He joins Christie’s from beauty company Maesa, controlled by Bain Capital Private Equity, where he was president of its activity in Europe and the Middle East.
Prior to that, he spent 17 years at L’Oréal, including as France-based head of L’Oréal Paris for Western Europe and in various general management positions in Taipei, Düsseldorf and Shanghai.
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