Guillaume Cerutti, the previous CEO of Christie’s public sale home, has left his place on the Pinault Assortment after simply 13 months, the French investigative information outlet Glitz reported earlier this week.
In February 2025, Cerutti turned president of the gathering owned by French billionaire François Pinault. Along with the ten,000 works in its holdings, the Pinault Assortment additionally maintains a number of non-public museums: the Bourse de Commerce in Paris and the Palazzo Grassi and Punta della Dogana in Venice, which commonly stage exhibitions. The Paris location opened in 2021, whereas the Venice outposts opened in 2006 and 2007, respectively. Pinault additionally owns Venice’s Teatrino, a 225-seat auditorium that reopened in 2013 after a renovation by Tadao Ando, who additionally labored on the opposite two Venice areas.
Neither Cerutti nor the Pinault Assortment has commented on his departure, with a spokesperson telling the Artwork Newspaper there aren’t any plans to nominate a brand new president or an interim. Pinault nonetheless serves as honorary president of the gathering and is alleged to be very lively in its administration.
Cerutti has had an extended profession in French public arts, having served because the Centre Pompidou’s managing director and as chief of employees to the minister of tradition, and within the public sale homes. Within the latter, he served as CEO of Sotheby’s France from 2007 to 2011, when he turned deputy chairman of Sotheby’s Europe. In 2016, he was employed as Christie’s president for Europe, the Center East, Russia, and India. A 12 months later, he turned CEO, a job he held till January 2025. He was changed by Bonnie Brennan, the then-regional president of the Americas, although he has continued to function board chairman.
The transfer to the Pinault Assortment didn’t imply a change in boss: Pinault has been the proprietor of Christie’s since 1998. Each entities are owned by his funding holding firm Groupe Artémis, which additionally owns Artistic Artists Company, which the billionaire bought in 2023 for $7 billion. Pinault made his fortune because the founding father of luxurious group Kering, which owns Gucci, Yves Saint Laurent, Balenciaga, and Bottega Veneta; he’s the 81st wealthiest particular person on the earth, with a internet value of $29.5 billion, per Forbes‘s annual billionaires checklist.
