Charles F. Stewart has been named the new CEO of Sotheby’s, with Tad Smith taking a role as senior adviser, Art News reports. “I have known him for many years and have been impressed by his appetite for innovation, taking smart risks, and challenging the status quo,” says Sotheby’s new owner Patrick Drahi. “He has a proven record of driving growth and is ideally positioned to create value for Sotheby’s clients and our outstanding team.”
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