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Friday, 22 August 2014 10:39

Art Basel’s Annette Schönholzer Steps Down

Marking the end of an era at the powerhouse art-fair organization Art Basel, Annette Schönholzer steps down this month to pursue other projects. As show manager of the first, now legendary, Art Basel Miami Beach in 2002, and later co-director with Marc Spiegler of all three Art Basel fairs worldwide, she oversaw the tremendous growth of the art-fair phenomenon and a far-reaching shake-up of power in the art world.

Her departure follows the surprising move in July by a key official of Art Basel, Magnus Renfrew, who served as director of its Hong Kong fair, to Bonhams auction house.  As Schönholzer had also been involved some months back in the establishment of Art Basel’s presence in China, the dual departures are seen complicating that newly minted expansion.

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Art Basel Asia Director Magnus Renfrew will join Bonhams as deputy chairman Asia and director of Fine Arts in September, he said by telephone today.

“This is a very exciting time to be involved in the Asian art market and building up an Asian collector base,” said Renfrew, 38, who will be responsible for boosting Bonhams’ classical, modern and contemporary Asian art offerings.

Renfrew oversaw Art Basel’s Hong Kong fairs in 2013 and 2014. The company, which runs international art fairs in Basel, Miami and Hong Kong, said it has not appointed his successor in an e-mail response.

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