The current level of activity in the art market is truly astounding. At Art Basel, indeed the most important art fair in the world, this is also the case. Currently, the Swiss are preparing to launch a new fair in Paris, and at the same time, a change in leadership has been announced. Noah Horowitz will be the new CEO of Art Basel. This means the current global director, Marc Spiegler, will retire. Spiegler joined the MCH Group, Art Basel's parent company, in 2007 and was appointed global director in 2012. During his time at Art Basel, he was responsible for 43 art fairs and drove the company's expansion, which has also been present in Hong Kong since 2013 and launched a new fair in Paris last fall.

Andrea Zappia, Chairman of the Board of Directors of the MCH Group, paid tribute to Spiegler in a statement, praising his achievements. He said Spiegler had made Art Basel one of the international art market's most prestigious and valuable brands. Spiegler announced that he was leaving the company "with great success" and called his "friend" Horowitz the perfect successor.

Horowitz is anything but a newcomer to the art market. He was head of Art Basel Miami Beach from 2015 to 2021 and was responsible for the Americas. Before that, he ran New York's Armory Show and promoted the digitization of the art market business as head of the first online-only fair, VIP Art Fair, from 2010 to 2011. Most recently, he worked at Sotheby's, where he was responsible for the strategic direction and collaboration with art dealers.

The change at the helm of Art Basel is expected to occur at the end of the year after the Miami Beach fair. With Noah Horowitz as the new CEO, the company will undoubtedly continue to move and adapt to the changes in the art market.