The pieces in “Animali Tarallo” portray animals from stingrays to elephants through portraits and interpretations of their patterns.
Tiffany CEO Mike Kowalski to retire next year
Tiffany & Co. announced Monday that longtime leader Michael Kowalski, who joined the company 31 years ago and has been CEO since 1999, will retire in March 2015.

New York--Tiffany & Co. announced Monday that longtime leader Michael Kowalski, who joined the company 31 years ago and has been CEO since 1999, will retire in March 2015.
The company’s board of directors has named Frederic Cumenal, currently the president of Tiffany, to replace him, effective April 1, 2015.
Kowalski will continue to serve on the board of directors, of which has been a member since 1995, as non-executive chairman.
He started at the New York-based retailer in 1983 and was appointed to the role of CEO in 1999. Commenting Monday on his retirement, he said, “I am immensely satisfied by what we have accomplished at Tiffany over the past 30 years, and I am confident that the company is superbly positioned for the future. Frederic Cumenal is ideally suited to succeed me as chief executive officer, and we will continue to work closely together to ensure a seamless transition. I look forward to continuing in the role of chairman of the board.”
Cumenal, meanwhile, has been at Tiffany since 2011, when he joined as executive vice president responsible for worldwide sales and distribution. He was promoted to president last year, and his role was expanded to include the design, merchandising and marketing functions. He then also was appointed to the board of directors.
RELATED CONTENT: Tiffany’s longtime CFO to retire this summer
The news of Kowalski’s exit comes on the heels of the announcement that Chief Financial Officer and Chief Operating Officer James Fernandez, who has been with the company for 30 years, will retire this month.
Ralph Nicoletti will be the company’s new CFO.
The title of COO will be eliminated. John Petterson, senior vice president of global operations and customer service, and Andrew Hart, senior vice president of manufacturing, diamonds and gemstones, will both report directly to the CEO.
The Latest

Ronald Winston, son of Harry Winston, donated the diamonds to the Smithsonian National Museum of Natural History in Washington, D.C.

The virtual event will take place April 7 at 3 p.m.

Bench jewelers spend years honing their skills, Jewelers of America’s Certification validates their talents.

The educational event will take place in Charlotte, North Carolina, this May.


The independent jeweler first opened its doors in 1888.

The debut event will take place in Miami’s Coconut Grove neighborhood this fall.

Natural diamonds mean more than lab-grown, but when every cut is ideal, they all look the same. Customers want more—Facets of Fire delivers.

The roundtable will take place May 17 ahead of the trade show’s welcome dinner.

The “Peanuts x Monica Rich Kosann” collection features the comic strip’s classic vocabulary across 10 bracelet designs.

Three industry experts dive into the complexities of the material often marketed as an “ethical” alternative for metal in jewelry.

Diamonds are not only one of the most prominent gemstones, but the birthstone for those born in April.

The Utah-based company known for making wedding bands has acquired Doubloon Golf.

The longtime luxury executive led one of LVMH’s watch brands, TAG Heuer, for 12 years before taking over Bulgari in 2013.

Authorities said the robbers fled with jewelry and 70 Rolex watches, later taking pictures of themselves posing with big stacks of cash.

Lotus Gemology founder Richard W. Hughes has translated Heinrich Fischer’s 1880 book “Nephrit und Jadeit” from its original German.

The ring's design features contrasting lines influenced by work from architecture-inspired photographer Nikola Olic.

The Conference Board’s index fell as consumers continued to worry about the impact of tariffs, the labor market, and the price of eggs.

However, two medieval jewels surpassed estimates at Noonans Mayfair’s recent jewelry auction in London.

The Oscar-nominated actor debuted in the campaign for the new “Top Time B31” collection, which introduced Breitling’s Caliber B31.

The Congress is scheduled to take place May 19-22 in Brasilia, Brazil.

The family-owned retailer is the new owner of Morrison Smith Jewelers in Charlotte, North Carolina.

The “150 Art Deco” collection features a Miss America timepiece and a pocket watch from the brand’s Archive Series.

Alex Wellen, formerly CEO and president of MotorTrend Group, has taken on the role.

The Impact Initiative is part of the nonprofit association’s new three-year strategic plan.

The ruby and the sapphire, which Christie’s calls a “once-in-a-generation masterpiece,” are part of the upcoming Hong Kong jewelry auction.

The two pairs of earrings, snatched from a Tiffany & Co. store in Orlando, Florida, are valued at a combined $769,500.