Sotheby's names head of international jewelry and watch divisions

Sotheby's (NYSE: BID), the oldest publicly traded company listed on the New York Stock Exchange, announced executive Daryl Wickstrom as the new director of the New York-based company's worldwide jewelry and watch divisions on July 11.

Wickstrom, who has been with the international auctioneer of rare collectables and luxury goods since 1996, will oversee company activity in North America, Europe and Asia, in addition to the Sotheby's Diamonds retail business and related private sales.

Since July 2008, Wickstrom has acted as executive VP and deputy chairman in Asia, where he contributed to sales growth that exceeded $1 billion in 2011. Before that, Wickstrom acted as managing director of the global auction division from 2002 to 2008, which the company said enjoyed a period of unparalleled sales growth.

With his newly created position, Wickstrom will work closely with David Bennett, Lisa Hubbard and Quek Chin Yeow, the company's three jewelry chairmen, Tim Bourne, worldwide head of watches, and Patti Wong, chairman of Sotheby's Diamonds, the company said in a statement. Story