"Guy Wildenstein has told The Art Newspaper that he is stepping down from the presidency of the company founded 150 years ago by his great grandfather Nathan. After 50 years at the Wildenstein & Co. art dealership and the last 35 as President, Guy Wildenstein, who has just turned 80, will be replaced by his son David, 46, with his daughter Vanessa taking the role of vice-president at the established art dealing dynasty."
"Both have been appointed by the board of directors to ensure a "smooth transition", according to a statement from the company. David has been the vice-president in charge of the investment division and real estate portfolio. His sister, Vanessa, who directs the London Gallery, will also take the direction of the New York art dealership, Guy Wildenstein said. The company statement highlighted "the pivotal role Mr Wildenstein played in bringing the renowned gallery, created in 1875, into the 21st century"."
"The company also diversified its portfolio during his tenure, it adds, remaining "the leading gallery and dealership it has always been, and now also has a meaningful investment division which focuses on real estate and private equity investments. With the help of formidable research teams on both sides of the Atlantic, the company built unmatched archives over the years and has provided museums and collectors with an abundance of information no other gallery could.""
Guy Wildenstein is stepping down as president of Wildenstein & Co. after 50 years at the dealership and 35 years as president. His son David, 46, will replace him as president while his daughter Vanessa becomes vice-president; both were appointed by the board to ensure a smooth transition. David has overseen the investment division and real estate portfolio, and Vanessa directs the London Gallery and will also lead the New York dealership. The company diversified into real estate and private equity investments, built extensive archives with transatlantic research teams, and the Wildenstein Institute partnered to publish freely accessible catalogues raisonnés.
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