| Business Summary | | Sotheby's
Holdings,
Inc.
is
an
auctioneer
of
fine
arts,
antiques
and
collectibles,
offering
property
in
over
90
collecting
categories,
among
them
paintings,
jewelry,
decorative
arts
and
books.
In
addition
to
both
live
and
Internet
auctioneering,
the
Company's
Auction
segment
is
engaged
in
a
number
of
related
activities,
including
the
purchase
and
resale
of
art
and
other
collectibles,
and
the
brokering
of
art
and
collectible
purchases
and
sales
through
private
treaty
sales.
The
Company
also
markets
and
brokers
luxury
residential
real
estate
through
its
Real
Estate
segment,
conducts
art-related
financing
activities
through
its
Finance
segment,
and
is
engaged,
to
a
lesser
extent,
in
insurance
brokerage,
art
education
and
restoration
activities. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Sotheby's
Holdings
is
engaged
in
art-related
financing
activities,
the
marketing
and
brokering
of
luxury
real
estate,
fine
arts
education
and
art-related
restoration.
BID
conducts
auctions
and
private
sales
of
fine
art,
jewelry
and
decorative
art.
For
the
six
months
ended
6/30/01,
revenues
fell
12%
to
$186.9
million.
Net
loss
totaled
$8.3
million
vs.
an
income
of
$949
thousand.
Revenues
reflect
a
reduced
number
of
lots
sold.
Loss
reflects
costs
for
the
retention
of
key
employees. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Michael Sovern, 69 Chairman | -- | William Ruprecht, 45 Pres,
CEO, Director | $985K | Max Fisher, 92 Vice
Chairman, Director | -- | William Sheridan, 47 CFO,
Exec. VP | 937K | Robin Woodhead, 49 Exec.
VP, Director and CEO of Sotheby's Europe and Asia | 1.1M | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|