Sotheby's announced the appointment of Valentino D. Carlotti as Executive Vice President and Global Head of Business Development. Mr. Carlotti will join Sotheby's on October 30, 2017 after more than two decades at Goldman Sachs. A senior partner at Goldman Sachs, Mr. Carlotti most recently served as the Global Business Partner for the Investment Banking and Merchant Banking Divisions. Mr. Carlotti will be based in New York and report to Tad Smith, the Company's Chief Executive Officer. Prior to his role as Global Business Partner for the Investment Banking and Merchant Banking Divisions, beginning his career in investment banking, Mr. Carlotti held various senior positions within the company including: president of the Goldman Sachs Brazil Bank in Sao Paulo, global head of the Securities Division Institutional Client Group, a member of the Securities Division management team and an institutional salesperson in the Equities Division.