Join our FREE personalized newsletter for news, trends, and insights that matter to everyone in America

Newsletter
New

Decaro Auctions Names Mario Vargas Ceo

Card image cap

DeCaro Auctions has appointed Mario Vargas as CEO — marking a leadership transition as the firm expands its private client advisory services and international operations.

Vargas brings more than 15 years of experience in auction operations and began his career as a project sales manager, spending extended periods on-site at luxury properties overseeing pre-auction campaigns.

Most recently, Vargas was senior vice president of corporate development at Concierge Auctions, where he led global expansion initiatives and worked with agents, developers, private sellers and institutional partners.

Mario Vargas

“Luxury auctions are about more than speed,” Vargas said. “They are about trust, positioning and creating real competitive urgency for extraordinary assets. DeCaro has a legacy built on integrity and results. My focus is on strengthening our relationships with sellers and top agents while scaling the platform thoughtfully and globally.”

His work has involved building bidder pools through direct outreach, broker engagement, open houses and prospecting efforts. Additional executive roles for Vargas have included vice president of client services and regional vice president — overseeing multi-market teams and expanding brokerage partnerships.

As CEO, Vargas will oversee the DeCaro’s private client advisory services, international brokerage alliances and operational systems.

DeCaro Auctions was founded by Daniel DeCaro more than four decades ago and has conducted transactions involving estates, ranches, compounds and other high-value properties worldwide.

“This company was built on a simple principle,” DeCaro said. “Serve clients with integrity, execute with discipline and create a competitive environment that delivers certainty. I am proud to welcome Mario as our new CEO. He understands the responsibility of carrying forward a forty year plus legacy while positioning DeCaro for its next era of leadership.”