Lindblad Expeditions has appointed Thomas (Tad) Smith (pictured), Jr and Sarah Farrell as independent directors.
Smith has a long history of leadership positions, including his most recent position as President and CEO of Sotheby’s (NYSE), where he developed and implemented a successful growth strategy resulting in its sale for $3.7 bill in October, 2019.
Farrell is an Associate at ValueAct Capital, a San Francisco-based investment firm. She joined ValueAct in August, 2018, after serving as an analyst in Blackstone’s Private Equity group.
“I have known Tad for decades and the principals at Value Act for several years. They are both proven value creators that share our passion for Lindblad’s mission and conviction about the massive opportunity in front of us,” said Mark Ein, Lindblad’s Board Chairman. “Our Board is composed of an exceptional set of individuals who are deeply committed to the company and we are fortunate to add Tad and Sarah to that group.”
“Lindblad’s Board has always been a great source of wisdom for our management team in all ways and adding two new members with distinct backgrounds and experiences simply adds to an already solid Board. Sarah’s and Tad’s diverse talents provide not only great governance, but also helpful guidance and insights for our team,” added Sven Lindblad, Lindblad’s President and CEO.