LONDON — Christie’s said Tuesday that Patricia Barbizet will take on the role of chief executive officer at the auction house alongside her existing chairman role, when current ceo Steven P. Murphy steps down at the end of the year.

Murphy said in a statement Tuesday that he had successfully concluded a three-year plan to “modernise” the company since he joined in 2010, and that the firm “is in the strongest leadership position in its history.”

Barbizet noted that Murphy had overseen Christie’s launch into India and China, and its launch of online auctions. “Having completed this core work, the company is positioned for its next phase of development and I look forward to leading the global team into a new chapter of innovation and excellence,” Barbizet said in the statement.

Chrsitie’s is owned by Groupe Artemis, François Pinault’s family holding company. Barbizet is also ceo and member of the board of directors of Artemis, ceo of Financière Pinault and vice chair of Kering’s board of directors.

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