— Sotheby’s Axes Loeb’s Buddies for Board: Ahead of its May board of director’s meeting, Sotheby’s has issued a press release confirming that it isn’t going to add activist investor Daniel Loeb’s proposed nominees to its board. Instead, Sotheby’s management has proposed Jessica Bibliowicz and Kevin Conroy for seats. “Sotheby’s Concludes Third Point’s Nominees Add No Relevant Expertise Not Already Represented on the Board of Directors,” the auction house wrote in a statement. [AMM]
— Randolph Responds to AAMD: Earlier this week, the Association of Art Museum Directors sanctioned Randolph College’s Maier Museum for selling a George Bellows work and ordered its more than 200 members to cease any collaboration with or loans to the museum. In a statement released yesterday, the Maier Museum didn’t seem too fazed by the AAMD’s actions. Officials wrote that the sanctions are “unfortunate for those organizations across the nation who may now be denied the opportunity to learn from the wonderful works of art owned by Randolph College.” [LAT]
— National Gallery Nabs Huge Photo Donation: Robert E. Meyerhoff and Rheda Becker have promised 3o photographs to the National Gallery of Art in Washington. Among the works are pieces by Thomas Demand, Andreas Gursky, Bernd and Hilla Becher, Jeff Wall, Cindy Sherman, and Hiroshi Sugimoto. “It will transform our collection and give us critical strength,” said senior curator Sarah Greenough. [NYT]
— South Korean Dictator’s Art Sold to Pay Fines: The art collection of former South Korean dictator Chun Doo-Hwan has raised 7.2 billion won ($6.7 million) so far to pay down the fines he owes to the government, but he’s still 167.2 billion won short. [AFP]
— Tate Britain Gathers Turners: A newly announced show at the Tate Britain will reunite J.M.W. Turner’s square paintings for the first time in an effort to prove that he wasn’t senile when he painted them. [The Guardian]
— Celebs Party at Art Production Fund Gala: Cindy Sherman, Dianna Agron, Dita Von Teese, and Emmy Rossum turned out for APF’s White Glove Gone Wild gala where Sherman and Rossum were seen applying Wangechi Mutu-designed temporary tattoos. [Daily Mail, Page Six]
— Nine fragments of parchment that belong to the Dead Sea Scrolls have been found in the Israel Antiquities Authority’s storerooms. [Discovery]
— The Getty’s endowment rose to $6.2 billion last year. [LAT]
— The Alexander Calder sculpture that’s been on view in Gramercy Park for the past three years is now on sale at the European Fine Art Fair (TEFAF) in Maastricht for $20 million. [NYT]
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