Tad Smith

Why former Sotheby's chief executive Tad Smith is bullish on blockchain art

Ahead of the sale of a Robert Alice blockchain-based painting at Sotheby's New York, Smith discusses his support for bitcoin and collecting digital art

Sotheby's replaces Tad Smith with Charles F. Stewart as chief executive

Smith leaves after four and a half years with a $28.2m severance deal, including $16.9m in shares, and will remain as a senior adviser to Stewart

Anny Shaw. with additional reporting by Anna Brady

Sotheby's ceases publicly trading on the New York Stock Exchange as its $3.7bn sale to Patrick Drahi closes

Chief financial officer Michael Goss is replaced by Jean-Luc Berrebi per the terms of the merger, which sees shareholders compensated $57 per share