Sotheby’s Makes Changes at Top of Watch Division
Sam Hines returns to the auction house as chairman, watches, while Geoff Hess moves up to the role of global head of watches.
The auction house said Friday that watch industry veteran Sam Hines is returning to the company as chairman, watches, while Geoff Hess has been promoted to global head of watches.
Hines began his career in the auction market and watch industry at Sotheby’s in 1997. He is rejoining the company from online watch auctioneer Loupe This, where he has served as managing director since 2022.
Previously, he was the worldwide head of watches at Sotheby’s, international head of watches for Phillips, and international co-head of the watch department at Christie’s.
According to Sotheby’s, Hines has spearheaded some of the most important watch sales of the past 15 years, including the 2016 sale of a stainless steel Patek Philippe Ref. 1518 for $11 million, then the most expensive wristwatch ever sold at auction.
As chairman of Sotheby’s Watch Division, Hines will focus on securing major collections, serving as principal auctioneer for the auction house’s sales globally, and mentoring the next generation of watch specialists and auctioneers.
He will begin his new role at the end of June. He will be based in Hong Kong and report directly to the global head of Sotheby’s Luxury Division.
“I am tremendously excited to return to Sotheby’s, a place that is both familiar and new, as the company continues to chart forward-looking and innovative paths around the world,” Hines said.
“I look forward to working with Geoff and our talented global team to further strengthen our expertise and sourcing capabilities to meet the rapidly expanding client base.”
Hess is being promoted to global head of watches from his current role of senior vice president and head of watches in the Americas.
Sotheby’s said his promotion follows a series of recent successes with single-owner collections, including last week’s auction of watches belonging to “Rocky” star Sylvester Stallone, which was 100 percent sold by lot.
A lawyer by trade, Hess joined Sotheby’s in August 2023 from Phillips Watches Department in New York, where he was a senior international specialist.
Prior to that, he was the CEO of pre-owned and vintage timepiece marketplace Analog/Shift and was instrumental in its growth and 2020 acquisition by Watches of Switzerland.
He also is a dedicated watch collector—he personally purchased one of Stallone’s Patek Philippe watches—and founder of the “Rolliefest” global gathering in New York, which last took place in September 2023.
He’s also an academy member of the Grand Prix d’Horologerie de Genève.
In his new role as global head of watches, Hess will continue to develop and execute a growth strategy for the watch category worldwide, managing the regional leaders across auction, retail and private sales, and will maintain his client relationships with the community.
His promotion is effective immediately, and he also will report directly to the global head of Sotheby’s Luxury Division.
Hess said, “It is an honor to assume this new position, as I approach my one-year anniversary at Sotheby’s. Leveraging my managerial experience and knowledge as a dedicated collector and active member of the watch community for decades, I am committed to fostering a team built on collaboration, creativity, and unparalleled expertise.
“I look forward to working with Sam and our passionate global watches team to provide our clients with the best service possible, and work towards establishing Sotheby’s at the center of watch culture.”
The Latest
Said to be the first to write a jewelry sales manual for the industry, Zell is remembered for his zest for life.
A buyer paid more than $100,000 for the gemstone known as “Little Willie,” setting a new auction record for a Scottish freshwater pearl.
Anita Gumuchian created the 18-karat yellow gold necklace using 189 carats of colored gemstones she spent the last 40 years collecting.
Supplier Spotlight Sponsored by GIA.
The giant gem came from Karowe, the same mine that yielded the 1,109-carat Lesedi La Rona and the 1,758-carat Sewelô diamond.
The three-stone ring was designed by Shahla Karimi Jewelry and represents Cuoco, her fiancé Tom Pelphrey, and their child.
The Manhattan jewelry store has partnered with Xarissa B. of Jewel Boxing on a necklace capsule collection.
Supplier Spotlight Sponsored by GIA
Acting as temporary virtual Post-it notes, Notes are designed to help strengthen mutual connections, not reach new audiences.
The jewelry historian discusses the history and cultural significance of jewelry throughout time and across the globe.
From fringe and tassels to pieces that give the illusion they are in motion, jewelry with movement is trending.
The designer and maker found community around her Philadelphia studio and creative inspiration on the sidewalks below it.
The change to accepted payment methods for Google Ads might seem like an irritation but actually is an opportunity, Emmanuel Raheb writes.
The industry consultant’s new book focuses on what she learned as an athlete recovering from a broken back.
The fair will take place on the West Coast for the first time, hosted by Altana Fine Jewelry in Oakland, California.
Hillelson is a second-generation diamantaire and CEO of Owl Financial Group.
Submissions in the categories of Jewelry Design, Media Excellence, and Retail Excellence will be accepted through this Friday, Aug. 23.
Known as “Little Willie,” it’s the largest freshwater pearl found in recent history in Scotland and is notable for its shape and color.
Clements Jewelers in Madisonville cited competition from larger retailers and online sellers as the driving factor.
The gemstone company is moving to the Ross Metal Exchange in New York City’s Diamond District.
Most of the 18th century royal jewelry taken from the Green Vault Museum in Dresden, Germany, in 2019 went back on display this week.
The Pittsburgh jeweler has opened a store in the nearby Nemacolin resort.
With a 40-carat cabochon emerald, this necklace is as powerful and elegant as a cat.
The Erlanger, Kentucky-based company was recognized for its reliability when it comes to repairs and fast turnaround times.
Unable to pay its debts, the ruby and sapphire miner is looking to restructure and become a “competitive and attractive” company.
The trend forecaster’s latest guide has intel on upcoming trends in the jewelry market.
Ingraham said she’ll use the scholarship funds to attend the Women’s Leadership Program at the Yale School of Management.