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Sotheby's (BID.N)

BID.N on New York Stock Exchange

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17 Jun 2019
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Summary

Name Age Since Current Position

Domenico De Sole

75 2015 Independent Chairman of the Board

Thomas Smith

53 2015 President, Chief Executive Officer, Director

Peregrine Cavendish

74 1994 Deputy Chairman of the Board

Michael Goss

59 2016 Chief Financial Officer, Executive Vice President

Jonathan Olsoff

59 2016 Executive Vice President, Worldwide General Counsel

Jill Bright

55 2017 Executive Vice President of Human Resources and Administration

John Cahill

50 2019 Executive Vice President and Chief Commercial Officer

Valentino Carlotti

52 2017 Executive Vice President, Global Head of Business Development

Kenneth Citron

54 2019 Executive Vice President, Operations and Chief Transformation Officer

David Goodman

58 2015 Executive Vice President of Digital Development and Marketing

Jane Levine

59 2016 Executive Vice President, Chief Global Compliance Counsel and Head of Government and Regulatory Affairs

Kevin Delaney

46 2007 Senior Vice President, Controller and Chief Accounting Officer

Michael Wolf

53 2019 Director

Jessica Bibliowicz

59 2016 Independent Director

Linus Cheung

70 2016 Independent Director

Kevin Conroy

58 2016 Independent Director

Daniel Loeb

57 2016 Independent Director

Marsha Simms

66 2011 Independent Director

Diana Taylor

64 2007 Independent Director

Dennis Weibling

67 2016 Independent Director

Harry Wilson

47 2016 Independent Director

Biographies

Name Description

Domenico De Sole

Mr. Domenico De Sole is Independent Chairman of the Board of the Company. Mr. De Sole became Chairman of the Board of Sotheby’s in March 2015 and previously served as Lead Independent Director until assuming the Chairman position. He is co-founder and has served as Chairman of luxury retailer Tom Ford International since 2005 and was President and Chief Executive Officer of Gucci Group N.V. from 1994 to 2004. From 1984 to 1994, Mr. De Sole served as Chief Executive Officer of Gucci America. He is currently a director of Ermenegildo Zegna, a privately held high-end luxury manufacturer and retailer, and Pirelli & C SpA, a company listed on the Milan Stock Exchange. Mr. De Sole is a member of the Dean’s Advisory Board of Harvard Law School.

Thomas Smith

Mr. Thomas S. Smith, Jr., is President, Chief Executive Officer, Director of the Company. Mr. Smith has served as President and Chief Executive Officer of the Company in March 2015. From February 2014 to March 2015, he served as President and Chief Executive Officer of The Madison Square Garden Company, a diversified media, entertainment and sports company. From 2009 to February 2014, Mr. Smith was President, Local Media, of Cablevision, as well as responsible for Cablevision Media Sales. From 2000 to 2009, he worked for Reed Elsevier Group PLC, a worldwide media company, where he last served as chief executive officer of the company’s U.S. business-to-business division, Reed Business Information (RBI). He currently serves as an Adjunct Professor at NYU Stern School of Business.

Peregrine Cavendish

Mr. Peregrine Andrew Morny Cavendish (Duke Of Devonshire) is Deputy Chairman of the Board of the Company. He is formerly Marquess of Hartington, has served as Deputy Chairman of the Board since April 1996. The Duke of Devonshire assists in the management of family estates in England and Ireland, as well as The Devonshire Hotels and Restaurants Group, which operates several highly rated hotels in England, including a well-known luxury hotel. He also oversees the Devonshire Collection, a world-renowned private art collection based at Chatsworth. From 2008 to 2018, the Duke was the Chancellor of the University of Derby, England. Between 2007 and 2016, the Duke was a Trustee of the Storm King Arts Center in New York. The Duke served as a Trustee of the Wallace Collection, a major London fine arts museum, from 2007 to 2015. From 2012 to 2015, he served as a Trustee of Derby Museums, and on retiring became Patron. The Duke is President of the Arkwright Society, at Sir Richard Arkwright’s Cromford Mills in Derbyshire, a World Heritage Site. In 2016, the Duke was made an Honorary Fellow of the Royal Academy.

Michael Goss

Mr. Michael F. Goss is Chief Financial Officer, Executive Vice President of the Company. Mr. Goss joined the Company in March 2016 as Executive Vice President and Chief Financial Officer. He was a partner and managing director at Bain Capital from 2001 to 2013, served as Bain’s Chief Financial Officer from 2001 to 2011, as Chief Operating Officer from 2004 to 2011 and Head of Global Investor Relations from 2012 to 2013. Prior thereto, he was Executive Vice President and Chief Financial Officer at Digitas in 2000 and Executive Vice President and Chief Financial Officer and a director at Playtex Products from 1994 to 1999. Mr. Goss is a director of Element Solutions Inc. (NYSE: ESI), formerly known as Platform Specialty Products.

Jonathan Olsoff

Mr. Jonathan A. Olsoff is Executive Vice President, Worldwide General Counsel of the Company. Mr. Olsoff has been with the Company since 1997. He has been Executive Vice President, Worldwide General Counsel of the Company since May 2016 and Senior Vice President, Worldwide General Counsel from May 2015 until May 2016. Mr. Olsoff also held the title of Corporate Secretary from May 2015 until September 2015. Prior to that, he held various positions, including Senior Vice President, General Counsel, Americas, Worldwide Head of Litigation and Assistant Secretary. Prior to joining the Company, Mr. Olsoff was employed with the law firm Berger & Steingut, where he served as one of Sotheby’s lead outside litigators, from 1994 to 1997.

Jill Bright

Ms. Jill Bright is Executive Vice President, Human Resources and Administration of the Company. She joined the Company in August 2017 as Executive Vice President, Human Resources and Administration. From December 2016 to July, 2017, she served as Chief Administrative Officer at Gensler, a global architectural, design, planning and consulting firm. Prior to that, Ms. Bright held various positions at Condé Nast from 1993 until 2016, including Chief Administrative Officer from 2010 until 2016 and, before that, head of the Human Resources and Corporate Communications groups. Prior to joining Condé Nast, she held senior human resources roles at Macy’s and American Express. Ms. Bright is a director of Wide Open West, Inc. (NYSE: WOW) and was a director of Cumulus Media from 2017 to 2018.

John Cahill

Mr. John Cahill is Executive Vice President and Chief Commercial Officer of the Company. He joined the Company in February 2019 as Executive Vice President, Chief Commercial Officer. From 2007 through January 2019, he was a partner and founder of Cahill Cossu Noh & Robinson, a law firm specializing in art law. Prior to that, Mr. Cahill was Senior Vice President and General Counsel of Phillips, de Pury & Company. He was also a partner at the law firm Berger Stern & Webb LLP, and counsel to Friedman Kaplan Seiler & Adelman LLP.

Valentino Carlotti

Mr. Valentino D. Carlotti is Executive Vice President, Global Head of Business Development of the Company. He joined the Company in October 2017 as Executive Vice President, Global Head of Business Development, after being a Partner at Goldman, Sachs & Co. Mr. Carlotti was with Goldman, Sachs & Co. from 1994 to 2017, holding various positions, including Global Business Partner for Investment Banking Division and Merchant Banking from 2015 to 2017, Head of The Securities Division Institutional Client Group, from 2012 to 2014, and President, The Goldman Sachs Brazil Bank, from 2007 to 2012.

Kenneth Citron

Mr. Kenneth Citron is Executive Vice President, Operations and Chief Transformation Officer of the company. He joined the Company in January 2019 as Executive Vice President, Operations and Chief Transformation Officer. From 2012 through 2017, he was Chief Operating Officer of Christie’s. Prior to that, Mr. Citron was Chief Operating Officer, Chief Information Officer and Executive Vice President of publishing operations at Rodale Inc., a global media company. Earlier in his career, he spent 12 years at Sony Music Corporation, most recently as Senior Vice President, Information Technology.

David Goodman

Mr. David Goodman is Executive Vice President of Digital Development and Marketing of the Company. Mr. Goodman joined the Company in June 2015 as Executive Vice President of Digital Development and Marketing. From September 2014 until May 2015, he served as President, Productions and Live Entertainment, of The Madison Square Garden Company. Mr. Goodman had previously spent 12 years at CBS, leading various divisions of the company, including as president of CBS Live Experiences.

Jane Levine

Ms. Jane A. Levine is Executive Vice President, Chief Global Compliance Counsel and Head of Government and Regulatory Affairs of the Company. Ms. Levine has been Executive Vice President, Chief Global Compliance Counsel and Head of Government and Regulatory Affairs since May 2016. She joined the Company in September 2006 as Senior Vice President, Worldwide Director of Compliance. From August 1996 to August 2006, Ms. Levine served as an Assistant United States Attorney with the Southern District of New York, where she worked with the FBI’s Art Crime team.

Kevin Delaney

Mr. Kevin M. Delaney, CPA., is Senior Vice President, Controller and Chief Accounting Officer of Sotheby's. Mr. Delaney has served as Senior Vice President (and previously Vice President) and Chief Accounting Officer of the Company since March 2007. He joined Sotheby’s as Assistant Vice President (and later Vice President) and Assistant Corporate Controller in June 2000. From July 1998 to June 2000, Mr. Delaney served in several accounting management positions with Sony Music. From July 1994 to June 1998, Mr. Delaney was a staff accountant (and then senior accountant) with Deloitte & Touche. Mr. Delaney is a Certified Public Accountant.

Michael Wolf

Mr. Michael J. Wolf is Director of the Company. Mr. Wolf is the Chief Executive Officer of Activate, Inc., a management consulting firm he founded in 2009 specializing in technology, internet, media, entertainment, and consumer services businesses. Prior to that, Mr. Wolf was President and Chief Operating Officer of MTV Networks (now Viacom Media Networks) from 2005 to 2007. Prior to MTV Networks, he was Global Managing Partner of McKinsey & Company’s Media, Entertainment and Information Practice. He joined McKinsey from Booz Allen Hamilton, where he founded and led the firm’s Communications Media and Technology Group. He was also a member of Booz Allen’s Board of Directors and Executive Management Team. Mr. Wolf served as a director at Yahoo! Inc. (now Altaba Inc.) from 2012 to 2013 and Entercom Communications from 2008-2013.

Jessica Bibliowicz

Ms. Jessica M. Bibliowicz is Independent Director of the Company. Ms. Bibliowicz has served as senior advisor of Bridge Growth Partners, a private equity firm focusing on investments in the technology and financial services sectors, since September 2013. From April 1999 to May 2013, she served as Chief Executive Officer of National Financial Partners Corporation (“NFP”), a publicly traded company, and as Chairman of the Board from June 2003 until July 2013, when a private equity sponsor acquired the company. Ms. Bibliowicz was the President of NFP from April 1999 to April 2012. Before joining NFP, she served as President of John A. Levin & Co., a registered investment advisor, and as Executive Vice President and Head of Smith Barney Mutual Funds. Ms. Bibliowicz currently serves as a trustee of Prudential Insurance Funds. She is also a member of the Board of Trustees of Cornell University, the Chairman of the Board of Overseers of Weill Cornell Medicine, and a member of the Board of Directors of Jazz at Lincoln Center.

Linus Cheung

Mr. Linus Wing Lam Cheung is an Independent Director of the Company. Mr. Cheung has served as a Director since November 2016. He was Chairman of Asia Television Limited from 2008 to 2009, Chief Executive Officer of Hong Kong Telecom from 1994 to 2000 and, following Hong Kong Telecom’s merger with Pacific Century Cyberworks (“PCCW”) in 2000, PCCW’s Deputy Chairman until 2004. Prior to that, Mr. Cheung served with Cathay Pacific Airways for 23 years, leaving in 1994 as Deputy Managing Director. Mr. Cheung serves on the boards of China Unicom (HK) Ltd. since 2004 and HKR International Ltd. since 2006, and previously served on the boards of Cathay Pacific Airways (1992-1994), Hong Kong Telecom (1994-2000), Cable and Wireless plc (1994-2000), and Taikang Insurance (2004-2011). Mr. Cheung’s qualifications for service on the Board include serving as Chief Executive Officer and other senior executive positions of public companies over several decades, present and past directorships on public company boards and extensive knowledge and experience as an art collector.

Kevin Conroy

Mr. Kevin C. Conroy is Independent Director of the Company. Mr. Conroy served as President, Digital and New Platforms, of Metro-Goldwyn-Mayer Inc. from July 2016 until December 2018. Since 2016, he has been an advisor to Madison Dearborn Partners and has also served as an advisor to a number of companies at the intersection of content, media, technology, and data. From January 2009 to March 2016, he was Chief Strategy & Data Officer and President, Enterprise Development, at Univision Communications, Inc., the leading media company serving Hispanic America. From 2001 to 2008, he served in a variety of senior programming, product, marketing and operating roles at AOL LLC (a global web services company), most recently as AOL’s Executive Vice President of Global Products and Marketing. From 1995 to 2001, Mr. Conroy served in a number of roles with Bertelsmann AG (a transnational media corporation), including as Chief Marketing Officer & President, New Technology, BMG Entertainment. Mr. Conroy has served in senior leadership positions with a global public company focused on digital, marketing, advertising and media development, each of which are areas of ongoing importance to the Company, public company board service with a major global consumer products company, in-depth international management experience, extensive background in managing popular global brands, including AOL, AIM, Netscape and Moviefone, and recognition as one of the most accomplished executives in the consumer internet and online media business, with a focus on developing new growth opportunities and building partnerships in the technology space.

Daniel Loeb

Mr. Daniel S. Loeb is an Independent Director of the Company. Mr. Loeb is the Chief Executive Officer of Third Point LLC, a New York-based investment management firm he founded in 1995. He has served on several philanthropic boards. Mr. Loeb graduated with an A.B. in Economics from Columbia University in 1983. Mr. Loeb has finance and investment management expertise, experience evaluating and interacting with public companies and knowledge of art acquired through his experiences as a collector of modern and contemporary art.

Marsha Simms

Ms. Marsha E. Simms is Independent Director of the Company. Ms. Simms served as a partner of the international law firm Weil, Gotshal & Manges LLP from 1986 until her retirement in 2010. She practiced in the firm’s Corporate Department, primarily in bank finance and corporate debt restructuring and has over 30 years’ experience negotiating financings and restructurings for major corporations, including for the Company. Ms. Simms was recognized as a leading lawyer in the banking and finance field by Chambers Global and Chambers USA and was named as one of America’s Top Black Lawyers by Black Enterprise Magazine. She served as the Content Officer for the Business Law Section of the American Bar Association in 2011 and was the recipient of the 2010 Jean Allard Glass Cutter Award, given by the Business Law Section to a woman who has cut through barriers to attain high accomplishment in business law. She is a trustee of the Rockefeller Brothers Fund, a philanthropic organization, where she chairs the audit committee and is a member of the executive committee, and a life trustee of WNET, New York’s public television station, where she chaired the audit committee. Ms. Simms is also a member of the Council (board of directors) of the American Law Institute. Ms. Simms has substantial legal and financial skills, including finance and debt restructuring, knowledge of the Company’s business and finances as a result of her representation of the Company in numerous corporate finance transactions and governance background attained from service on non-profit boards and committees.

Diana Taylor

Ms. Diana L. Taylor is Independent Director of the Company. Ms Taylor worked in private equity from April 2007 through June 2018., first at Wolfensohn & Co as a Managing Director until April 2014, then at Solera Capital LLC as a Vice Chair. From June 2003 to March 2007, Ms. Taylor served as Superintendent of Banks for the State of New York, a position to which she was appointed by Governor George Pataki. Prior to her appointment, she held a number of senior government and private sector positions, including Chief Financial Officer of the Long Island Power Authority and Vice President of KeySpan Energy. From 1980 to 1996, Ms. Taylor was an investment banker. She worked at Smith Barney, Harris Upham, Lehman Brothers, and Donaldson, Lufkin & Jenrette before joining M.R. Beal & Co. as a founding partner. In 2009, she served briefly as a director of Fannie Mae and Allianz Global Investors. She was required to leave both boards when she was nominated to become a director of Citigroup. Ms. Taylor serves on several not-for-profit boards, including ACCION, the Hudson River Park Trust, and Hotbread Kitchen, each of which she chairs, and the Mayo Clinic, GEMS and the Economic Club of New York, among others. She is a member of the Council on Foreign Relations. Ms. Taylor has extensive investment banking, finance and accounting experience, served as chief financial officer of a significant public utility, including ensuring costs are aligned with operations and the needs of the business without compromising service, and served as Banking Superintendent for the State of New York, providing helpful financial regulatory background for the Company’s art financing activities.

Dennis Weibling

Mr. Dennis M. Weibling is an Independent Director of the Company. Mr. Weibling served as the Company’s Interim Chief Financial Officer from January 1, 2016 until March 28, 2016. Since 2004, he has served as the Managing Director of Rally Capital, LLC, a private equity fund. From 2006 to 2014, Mr. Weibling served as a board member and Chairman of Telesphere Networks Ltd. From October 1993 to December 2001, he served as President of Eagle River, Inc. and then as Vice Chairman of Eagle River Investments until November 2003, both being ventures of Craig McCaw. He is also a trustee of the trusts created by the estate of Keith W. McCaw. Mr. Weibling currently serves as a member of the Seattle Pacific University Board and Foundation. Mr. Weibling is an audit committee financial expert with extensive public accounting experience, has served on and chaired numerous audit committees of public and private companies and has financial and strategic experience as the managing director of a private equity firm, including investing in and growing businesses and new business lines.

Harry Wilson

Mr. Harry J. Wilson is Independent Director of the Company. Mr. Wilson has served as the Founder and Chief Executive Officer of MAEVA Group, LLC since its founding in January 2011 and has extensive expertise in corporate restructurings, turnarounds and corporate transformations. In 2010, Mr. Wilson was the Republican nominee for New York State Comptroller. In 2009, Mr. Wilson served as one of the four leaders of the Auto Task Force responsible for the Treasury’s role in the restructuring of General Motors and Chrysler. From 2003 through 2008, Mr. Wilson worked at credit investment fund Silver Point Capital, finishing his tenure there as a partner. From 1999 until 2003, Mr. Wilson worked at The Blackstone Group. Earlier in his career, Mr. Wilson worked at the private equity firm Clayton, Dubilier & Rice and in the investment banking division of Goldman, Sachs & Co. Mr. Wilson currently serves on the following non-public boards of directors: Youth, INC, a venture philanthropy nonprofit focused on troubled New York City youth, Scarsdale Maroon & White and The Hellenic Initiative, and is Chairman of Save Our States and the Save Our States Action Fund and Co-Chair of MAEVA Social Capital, Inc. Mr. Wilson graduated with an A.B. in government, with honors, from Harvard College in 1993 and received an MBA from Harvard Business School in 1999. Mr. Wilson has comprehensive financial and capital allocation strategy experience, extensive experience with companies undergoing important strategic transitions and interaction with companies in a wide range of capacities, including serving as a director for a number of public and private companies.