Sotheby’s CEO Backs Out of Saudi Investment Conference

(Bloomberg) -- Sotheby’s Chief Executive Officer Tad Smith has decided to cancel an appearance at an investment conference in Saudi Arabia after the disappearance of a prominent government critic.

Lauren Gioia, a spokeswoman for the auction house, confirmed the decision Monday.

Smith was going to be part of a panel about culture that also included Mikhail Piotrovsky, director of the Hermitage Museum in St. Petersburg, Russia.

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