Tiffany names former railway exec as new finance head

Tiffany & Co. has hired Mark Erceg to become its next executive VP and CFO, effective Oct. 18, 206.



Erceg, 47, who will be responsible for the company’s worldwide financial, indirect procurement and information technology functions, replaces Tiffany’s former CFO who left the retailer in May.



Previously, Erceg was with Canadian Pacific Railway Limited, where he has served as executive VP and CFO since May 2015.



From 2010 - 2015, he was the CFO for Masonite International Corporation. He began his career at The Procter & Gamble Company in 1992 where, over 18 years, he served in positions of increasing responsibility in finance, market strategy, customer response, general management and global investor relations.



“Mark brings an operational process orientation and a broad financial, international and consumer brands background to Tiffany,” said Frederic Cumenal, CEO, Tiffany. “As the new leader of our multi-talented finance, procurement and information technology organizations, his varied experience and global perspective will be important as we continue to work toward strengthening Tiffany’s luxury brand position around the world and enhancing our profitability and productivity.”