24 November 2023
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At an Extraordinary General Meeting of shareholders on 16 November, David Feldman was confirmed as the new majority shareholder in the auction company he founded over 50 years ago.
David had spent the last decade as an international consultant while following other pursuits that have since matured and returns to lead the company.
David said: ‘It was really thanks to the support and encouragement of the current personnel, that of so many colleagues and great collectors, as well as my family, that I felt the motivation to return. The current staff from receptionist to designer, accountant to viewers and of course the philatelic team, form an outstanding group of people. Together, I am convinced that the company will continue to reach great heights in the philatelic world.’
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There is also another major company development, as David’s son, Joel, will become Managing Director, taking a central role in the financial and administrative running of the business, thereby ensuring that the business continues to give world-class service to its clients.
David plans to be a guiding force on the philatelic side beside his long-time friend and partner, Marcus Orsi, while entrusting Joel with the general management. Joel holds advanced degrees in management and art. He also has been intricately involved in David Feldman SA for decades, starting his work in the company with auction viewings in his teenage years.
At the age of just eight years old, David Feldman was running a small stamp business. He grew the business while achieving degrees in business administration and philosophy. During his career, David has always concentrated on great rarities rather than high volume, resulting in the world’s first one-million-dollar sale of the USA ‘Blue Boy’ cover in 1981. This was followed by many even higher value sale records achieved for material from Switzerland, Mauritius, France, Russia, China and recently Japan. Additionally, the company has sold extensive Grand Prix and Large Gold Medal collections. Now at the helm of the company once again, David plans to continue that tradition.