Lisa King, Chief Operating Officer of Auction House Christie's, Resigns Suddenly

Over the weekend and into this week, the art world has been abuzz over the news that Lisa King, the long-time chief operating officer of the mega-auction house Christie’s, has announced her very abrupt departure. The Art Newspaper broke the story, explaining that after 15 years at the company, and in a period of record profits in the face of a still-difficult, worldwide recession, King tendered her resignation and will leave almost immediately, at the end of this month.