Sotheby's Names Altice's Charles Stewart CEO as Tad Smith Becomes an Adviser

Charles F. StewartSource: Courtesy Sotheby’s
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Sotheby’s named Altice USA’s Charles F. Stewart as chief executive officer, less than a month after French telecom billionaire Patrick Drahi completed his $2.7 billion purchase of the auction house.

Stewart, 49, who was Altice’s chief financial officer, replaces Tad Smith, who will become an adviser to the new CEO, the company said Monday in a statementBloomberg Terminal. The change is effective immediately.