NEW YORK, March 26, 2020 /PRNewswire/ -- Lindblad
Expeditions Holdings, Inc. (NASDAQ: LIND), a global provider of
expedition cruises and adventure travel experiences, today
announced that it has appointed Thomas S. ("Tad") Smith, Jr. and
Sarah Farrell to serve as
independent directors of the Company.
Tad Smith has a long history of
successful 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 billion in October 2019.
Prior to his tenure at Sotheby's, Tad served as President and CEO
of Madison Square Garden (MSG), the
iconic entertainment conglomerate, following a stint as President,
Local Media at Cablevision Systems Corporation. Mr. Smith
also has held executive roles at Reed Elsevier Group PLC, Starwood
Hotels and Resorts, BMG Entertainment, New York City Taxi &
Limousine Commission, and as an adviser at McKinsey &
Company.
Sarah Farrell is an Associate at
ValueAct Capital, a San
Francisco-based investment firm. Ms. Farrell joined
ValueAct in August 2018, after
serving as an analyst in Blackstone's Private Equity group.
Prior to Blackstone, Ms. Farrell was an analyst at J.P.
Morgan in the Mergers & Acquisitions group and worked as an
equity research associate in UBS's investment banking division.
"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 Chairman of the Board. "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," said Sven Lindblad,
President and Chief Executive Officer of Lindblad.
About Lindblad Expeditions Holdings Inc.
Lindblad Expeditions Holdings, Inc. is an expedition travel
company that focuses on ship-based voyages through its Lindblad
Expeditions brand and on land-based travel through its subsidiary,
Natural Habitat Adventures, an adventure travel and ecotourism
company with a focus on responsible nature travel.
Lindblad Expeditions works in partnership with National
Geographic to inspire people to explore and care about the planet.
The organizations work in tandem to produce innovative marine
expedition programs and to promote conservation and sustainable
tourism around the world. The partnership's educationally oriented
voyages allow guests to interact with and learn from leading
scientists, naturalists and researchers while discovering stunning
natural environments, above and below the sea, through
state-of-the-art exploration tools.
Natural Habitat partners with the World Wildlife Fund to offer
and promote conservation and sustainable travel that directly
protects nature. Natural Habitat's adventures include polar bear
tours in Churchill, Canada,
Alaskan grizzly bear adventures and African safaris.
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SOURCE Lindblad Expeditions Holdings, Inc.