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Sotheby's (BID)

37.07 0.57(1.56%)
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1334 York Avenue
New York, NY 10021
United States - Map
Phone: 212-606-7000
Fax: 212-606-7107

Index Membership:N/A
Industry:Specialty Retail, Other
Full Time Employees:1,577

Business Summary 

Sotheby's operates as an auctioneer of authenticated fine art, decorative art, and jewelry. The company operates in three segments: Agency, Principal, and Finance. The Agency segment accepts property on consignment, stimulates buyer interest through professional marketing techniques, and matches sellers to buyers through the auction or private sale process. The Principal segment is involved in the purchase and sale of artworks, and retail of wines. This segment also provides secured loans to certain art dealers to finance the purchase of artworks. The Finance segment offers financing secured by artworks to collectors and art dealers. This segment provides secured loans, including advances secured by consigned property to borrowers who are contractually committed to sell the property at auction in the near term; and general purpose term loans secured by property not presently intended for sale. The company is also engaged in licensing Sotheby’s International Realty and related trademarks; and licensing its Sotheby’s brand name for use in connection with the art auction business in Australia, art education services in the United States and the United Kingdom, and print management services. Sotheby’s has operations in the United States, the United Kingdom, China, Switzerland, France, and internationally. The company was founded in 1744 and is headquartered in New York, New York.

Key Statistics

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Corporate Governance 
Sotheby's’s ISS Governance QuickScore as of Oct 1, 2014 is 1. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 1; Compensation: 1.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. William F. Ruprecht , 58
Chairman, Chief Exec. Officer, Pres, Chairman of Exec. Committee, Member of Fin. Committee and Member of Bus. Strategy Committee
Mr. Patrick S. McClymont ,
Chief Financial Officer and Exec. VP
Mr. Bruno Vinciguerra , 51
Chief Operating Officer and Exec. VP
Mr. Mitchell Zuckerman , 67
Exec. VP of Global Auction Transactions
Mr. Kevin Ching , 57
Chief Exec. Officer of Asia
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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