News

Tiffany & Co on hunt for new CEO

February 27, 2017

Tiffany & Co Chairman and former CEO Michael Kowalski is back in the CEO role for an interim period now that its most recent CEO, Frederic Cumenal, has stepped down.

The departure, according to a Reuters report, comes on the heels of less than stellar financial results.

"The board is committed to our current core business strategies, but has been disappointed by recent financial results," Kowalski said in a release, according to Reuters. The jewelry brand remains on point to enhance customer experience, he added.