Claim: Tad Smith was CEO of the US branch of Reed Business Information and Sotheby's president and CEO.
Evidence: Smith was CEO of the US branch of Reed Business Information. Thomas Sidney "Tad" Smith, Jr. (born June 1965) is an American businessman, the former president and chief executive officer of Sotheby's. A chief executive officer (CEO), chief administrator, or just chief executive (CE), is one of a number of corporates executives in charge of managing an organization – especially an independent legal entity such as a company or nonprofit institution.