Tad Smith | |
|---|---|
 Smith in 2007 | |
| Born | June 1965 (age 59) |
| Nationality | American |
| Alma mater | Princeton University (BA) Harvard University (MBA) |
| Spouse | Caroline Mitchell Fitzgibbons (1997–present) |
| Children | 2 |
Thomas Sidney "Tad" Smith, Jr. (born June 1965) [1] is an American businessman, the former president and chief executive officer of Sotheby's. Smith is also an adjunct professor at New York University's Stern School of Business.
Smith graduated with an AB from the Woodrow Wilson School of Public and International Affairs at Princeton University in 1987 after completing a 124-page long senior thesis titled "The Philosophical Transformation of Constitutional Privacy." [2] While a student at Princeton, Smith received the R.W. Van de Velde Prize for outstanding junior independent work. [3] [4] He later received an MBA from Harvard Business School, where he was a George F. Baker scholar and a Horace W. Goldsmith fellow. [3]
Smith was CEO of the US branch of Reed Business Information. [5]
For five years until 2014, Smith worked for Cablevision in a variety of executive positions. [5]
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. [6]
In March 2015, Sotheby's announced that Smith would succeed William F. Ruprecht as its president and CEO. [7] 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. [8]
In October 2019, Sotheby's was acquired by Patrick Drahi, and shareholders received $57 per share, with Smith receiving $28 million. [9]
In October 2019, Drahi replaced Smith with Charles Stewart, the CFO of Altice USA. [10]
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]
Smith is married to Caroline Mitchell Fitzgibbons, a realtor. [11] They have two children, and live in Bronxville, New York. [12]
Bronxville is a village in Westchester County, New York, United States, located approximately 15 miles (24 km) north of Midtown Manhattan. It is part of the town of Eastchester. The village comprises one square mile (2.5 km2) of land in its entirety, approximately 20% of the town of Eastchester. As of the 2020 U.S. census, Bronxville had a population of 6,656. In 2016, Bronxville was rated by CNBC as the most expensive suburb of any of the U.S. ten largest cities, with a median home value of $2.33 million.
Sotheby's is a British-founded multinational corporation with headquarters in New York City. It is one of the world's largest brokers of fine and decorative art, jewellery, and collectibles. It has 80 locations in 40 countries, and maintains a significant presence in the UK.
James Lawrence Dolan is an American businessman, and the executive chairman and chief executive officer of Madison Square Garden Sports and Madison Square Garden Entertainment, and executive chairman of MSG Networks. As the companies' chairman, Dolan oversees all operations within the company and supervises day-to-day operations of its professional sports teams, the New York Knicks and New York Rangers, as well as their regional sports networks, which include MSG Network and MSG Plus. Dolan was previously CEO of Cablevision, founded by his father, until its sale in June 2016 to European telecom conglomerate Altice.
New York Law School (NYLS) is a private law school in Tribeca, New York City. NYLS has a full-time day program and a part-time evening program. NYLS's faculty includes more than 50 full-time and over 100 adjunct professors. Notable faculty members include Penelope Andrews and Lenni Benson, founder of the Safe Passage Project.
The Leonard N. Stern School of Business is the business school of New York University, a private research university based in New York City. Founded as the School of Commerce, Accounts and Finance in 1900, the school received its current name in 1988.
The Isenberg School of Management is the business school and also the second largest school at the University of Massachusetts Amherst, the flagship campus for the University of Massachusetts system. The Isenberg School is accredited by the AACSB International and ACPHA.
Madison Square Garden Sports Corp. is an American sports holding company based in New York City.
Alice R. Tepper Marlin serves as President Emerita, Founder, and a member of the board of Social Accountability International (SAI), a standard-setting organization for improving workplaces and communities. She served as president and CEO from 1997 to 2015.
Cloister Inn is one of the undergraduate eating clubs at Princeton University in Princeton, New Jersey, United States.
Lorenzo Joseph Fertitta is an American billionaire businessman and philanthropist. He is chairman of Fertitta Capital, director of Red Rock Resorts Inc, and former CEO of the Ultimate Fighting Championship.
Kimbal James Musk is a Canadian-American businessman and restaurateur. He owns The Kitchen Restaurant Group, a collection of restaurants in Colorado and Chicago. He is the co-founder and chairman of Big Green, a 501(c)(3) nonprofit that has built hundreds of outdoor classrooms called Learning Gardens in schoolyards across the United States. Musk is also the co-founder and chairman of Square Roots, an urban farming company growing food in hydroponic, indoor, climate controlled shipping containers. Musk currently sits on the boards of Tesla Inc. and SpaceX; his brother Elon is the current CEO of both companies. He was on the board of Chipotle Mexican Grill from 2013 to 2019. He is the brother of Elon Musk, Tosca Musk, son of Errol and Maye Musk, and a major shareholder in Tesla.
William F. Ruprecht was CEO of Sotheby's from 2000 to 2014, when he was succeeded by Tad Smith.
Charles Francis Dolan is an American billionaire businessman, best known as founder of Cablevision and HBO. Today, Dolan controls Madison Square Garden Sports, MSG Networks, Madison Square Garden Entertainment, Madison Square Garden, Sphere, Radio City Music Hall, BBC America and AMC Networks. As of October 2021, his net worth was estimated at US$5.6 billion.
Patrick Drahi is a French-Israeli billionaire magnate and investor with interests in media and telecoms. He is the founder and controlling shareholder of the European-based telecom group Altice. A former French citizen, he lives in Switzerland.
Domenico De Sole is an Italian businessman, chairman of Tom Ford International, current director of Acamar Partners, former chairman of Sotheby's, and former president and CEO of Gucci Group.
Altice Europe N.V. is a Dutch multinational telecommunications and mass media company with official headquarters in the Netherlands, founded and headed by the French-Israeli billionaire businessman Patrick Drahi, and the second largest telecoms company in France, behind Orange.
Hank J. Ratner is an American media, sports, entertainment and telecommunications executive. He was previously a Vice Chairman of Cablevision Systems Corporation, President and CEO of The Madison Square Garden Company (MSG), Chief Operating Officer of AMC Networks and President and CEO of Independent Sports and Entertainment (ISE).
Lynden B. Miller is an author, an advocate for public parks and gardens, and a garden designer, best known for her restoration of the Conservatory Garden in New York's Central Park, completed in 1987.
Alfred Francis Kelly Jr. is an American business executive. Until February 2023, he was the chairman and chief executive officer (CEO) of Visa Inc., a global digital payments company. In October 2016, Kelly succeeded Charles W. Scharf as the CEO of Visa. In April 2019, Kelly was elected as the company's Chair of the Board while continuing to serve as Visa's CEO.
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