Tiffany & Co.’s chairman and chief executive Michael Kowalski will be retiring next year and replaced by president Frederic Cumenal. Kowalski has served in his position for 15 years. He first joined the company in 1983, earning the title of CEO 16 years later. He became chairman in 2003, adding to his position as CEO. He has played a big role in Tiffany’s expansion in Asian markets, especially Japan and China.
Cumenal, who will take over Kowalski’s role as CEO as of April 1, first joined Tiffany & Co. four years ago. He became president and a board member last year. Cumenal previously worked for LVMH Group, serving as president and CEO of Moet & Chandon SA. CJ
Author: Canadian Jeweller Magazine Staff
Canadian Jeweller Magazine Staff is the shared byline for reporting filed by the magazine's editorial desk. Founded in 1879, Canadian Jeweller is the longest running jewellery business publication in Canada, covering market reporting, retail strategy, watches, diamonds, coloured gemstones and the commerce of the Canadian jewellery trade. Work published under this byline is edited and verified by the Canadian Jeweller editorial team in Toronto.
