Sotheby's Announces a New CEO

Charles F. Stewart spent most of his career as an investment banker. Now the co-President of Altice USA and Chief Financial Officer is CEO of an fine art auction house.

Sotheby’s announced Monday morning that one of Patrick Drahi’s trusted executives, Altice USA co-president and Chief Financial Officer, Charles F. Stewart would become CEO effective immediately. The news was hardly a surprise to those who were waiting to hear whether former CEO Tad Smith would stay on with the firm. Weeks had passed since Smith’s rumore…