Tiffany & Co. names veteran retailer as chairman

Tiffany & Co. has named Roger Farah as chairman, effective Oct. 2.



Farah, 64, joined Tiffany’s board in March 2017. He succeeds Michael J. Kowalski, who has served as chairman since 2002.



Kowalski, who served as CEO of Tiffany from 1999 until his retirement in March 2015, has been acting as interim CEO since February 2017. He will relinquish that title when the company’s newly appointed CEO, Alessandro Bogliolo, takes the reins in October.



Farah has served in leadership roles at Ralph Lauren Corp. Venator Group, R.H. Macy & Co., Inc. and Federated Merchandising Services.



“Roger has significant experience as a leader in the luxury retail industry, and I and my fellow directors value tremendously his expertise and insight which have been apparent during his time on the board," Kowalski said. "With the appointment of Alessandro as our new CEO, and under Roger’s leadership on the board, I believe we are well positioned to execute on strategies to drive comparable store sales growth and stronger earnings growth in the longer-term.”