Tad Smith

Tad Smith
Born 1965/1966 (age 49–50)
Nationality American
Alma mater Princeton University
Harvard Business School
Occupation CEO, Sotheby's

Tad Smith (born 1965/66)[1] is chief executive of Sotheby's, and an adjunct professor at New York University's Stern School of Business.

Background

Smith has a Bachelor of Arts degree from Princeton University's Woodrow Wilson School of Public and International Affairs, where he received the R.W. Van de Velde Prize.[2] Smith received an MBA from Harvard Business School, where he was a George F. Baker Scholar and a Horace W. Goldsmith Fellow.[2]

Smith is married to Caroline Mitchell Fitzgibbons. They have two children, and live in Bronxville, New York.[3]

Career

Smith was CEO of the US part of Reed Business Information.[4]

For five years until 2014, Smith worked for Cablevision in a vareity of executive positions.[4]

From February 2014 to March 2015, Smith was president and CEO of New York’s Madison Square Garden, doubling net profits in the second half of that year.[5]

Sotheby's announced on 16 March 2015 that Smith would succeed William F. Ruprecht as its president and CEO.[6] Smith's basic salary will be $1.4 million, plus "target annual bonus opportunity will be 200% of his annual base salary", and "long-term incentive award opportunities" in Sotheby's shares.[7]

Since 1999, Smith has taught at New York University's Stern School of Business, where he is an adjunct professor in the finance department, and runs a course entitled, "Strategy and Finance for Technology, Media, and Entertainment Companies".[2]

References

  1. ↑ Kinsella, Eileen (16 March 2015). "Sotheby's Names Tad Smith as New CEO—He Was Former President and CEO of Madison Square Garden". ArtNet. Retrieved 17 March 2015.
  2. ↑ 2.0 2.1 2.2 "Tad Smith". NYU. Retrieved 17 March 2015.
  3. ↑ "Caroline Mitchell Fitzgibbons". Olshan. Retrieved 24 March 2015.
  4. ↑ 4.0 4.1 "Tad Smith Leaves MSG for Sotheby’s CEO Post". Variety. 16 March 2015. Retrieved 17 March 2015.
  5. ↑ Tully, Kathryn (16 March 2015). "Sotheby's New CEO Is Madison Square Garden's Tad Smith". Forbes. Retrieved 17 March 2015.
  6. ↑ Dewson, Andrew. "Sotheby's find the man to restore reputation - Madison Square Gardens' Tad Smith". The Independent (17 March 2015). Retrieved 17 March 2015.
  7. ↑ Genocchio, Benjamin (23 March 2015). "Will Sotheby's Again Fall Victim to Corporate Hubris With Dan Loeb, Tad Smith Takeover?". ArtNet. Retrieved 24 March 2015.