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SOTHEBY’S NAMES NEW CEO AND PRESIDENT

By News Desk

A STATEMENT FROM ARTFORUM’S PUBLISHERS

ROBERT IRWIN (1928–2023)

HONG KONG–BASED AMTD BUYS THE ART NEWSPAPER

March 16, 2015 9:34 am

Sotheby’s has announced that its board of directors has chosen Tad Smith as its new CEO and president, reports Eileen Kinsella at Artnet. Effective at the end of this month, Smith will also join Sotheby’s board of directors. Smith was formerly the president and CEO of the Madison Square Garden Company and oversaw the strategy and operations of MSG Sports, MSG Media, and MSG Entertainment.

Sotheby’s also announced it will be separating the roles of chairman and CEO. The board has elected Domenico De Sole, the former CEO of Gucci, to succeed William F. Ruprecht as chairman of the board, after Ruprecht’s controversial resignation last November.

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