Sotheby's picks Madison Square Garden chief as CEO
Art world outsider will bring wide business experience and strategic skills, which auction house lacks: analysts
Thu, Mar 19, 2015 - 5:50 AM
Mr Smith said that while he cannot add to the expertise of Sotheby's art experts, he can act as a business catalyst. With him is Jane Rosenthal, co-founder of the Tribecca Film Festival.
SOTHEBY'S reached outside the art world on Monday to appoint Tad Smith, a businessman with a background in the entertainment, sport and media industries who most recently led Madison Square Garden Co, to replace departing chief executive William Ruprecht.