Tad Smith

Tad Smith
Smith in 2007
Born Thomas Sidney Smith, Jr.
June 1965 (age 53)
Residence Bronxville, New York
Nationality American
Alma mater Princeton University
Harvard University
Occupation President and CEO of Sotheby's
Salary US$1.06 million (2015)[1]
Spouse(s) Caroline Mitchell Fitzgibbons (1997–present)
Children 2

Thomas Sidney "Tad" Smith, Jr. (born June 1965)[2] is an American businessman, the president and chief executive officer of Sotheby's. Smith is also an adjunct professor at New York University's Stern School of Business.

Education

Smith received his Bachelor of Arts degree from Princeton University's Woodrow Wilson School of Public and International Affairs, where he won the R.W. Van de Velde Prize.[3] He later received an MBA from Harvard Business School, where he was a George F. Baker Scholar and a Horace W. Goldsmith Fellow.[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 variety 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".[3]

Personal life

Smith is married to Caroline Mitchell Fitzgibbons, a realtor.[8] They have two children, and live in Bronxville, New York.[9]

References

  1. ↑ Katya Kazakina Bloomberg News. "Sotheby's CEO got $20M pay package in first year | The Salt Lake Tribune". Sltrib.com. Retrieved 2017-07-06.
  2. ↑ "Thomas Sidney SMITH JR". Companies House. Retrieved 2017-07-07.
  3. 1 2 3 "Tad Smith". NYU. Retrieved 17 March 2015.
  4. 1 2 "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.
  8. ↑ "Olshan Realty, Inc. | Agents". olshan.com. Retrieved 9 September 2016.
  9. ↑ "Caroline Mitchell Fitzgibbons". Olshan. Retrieved 24 March 2015.
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