Tiffany announces management shift

New York --Tiffany & Co. announced that Stephane Lafay has been appointed to the newly-created position of group VP - Asia-Pacific Region and President - Tiffany Japan.

Lafay, 46, joined Tiffany in 2009 as president of Tiffany’s Japan organization. A search is underway for a managing director of Japan who will report to Lafay.