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Wednesday, January 12, 2011

Tiffany President to Resign in 2012

Tiffany & Co. said Wednesday that James E. Quinn will retire in early 2012. Quinn, 58, joined Tiffany in 1986 and has served as president since 2003, responsible for the Company's sales outside the Americas.

Quinn oversees international retail sales in Tiffany stores worldwide, with responsibility for the company’s global expansion strategy, including such notable store openings as the Tiffany store in Beijing, China, in 2002.

“Jim's contributions to Tiffany over his long and illustrious career have been enormous,” said Michael J. Kowalski, chairman and CEO. “In particular, his leadership of the global expansion of the Tiffany & Co. brand has been transformative for the company. Over the past 25 years, few have contributed as much to Tiffany as Jim.”

Tiffany said it has commissioned a search for a senior executive to assume Quinn’s responsibilities for the Asia-Pacific, Japan and Europe regions as well as emerging markets. This individual will report directly to Kowalski as an executive vice president.

From 1992 to 1998 Quinn served as executive vice president, followed by an appointment to vice chairman, a position he held until his appointment as president. He also serves on the board of The Tiffany & Co. Foundation, established in 2000, which supports nonprofit organizations dedicated to the preservation of the arts and environmental conservation.

Prior to joining Tiffany in 1986, Quinn held several financial management positions in the banking field. He earned a bachelor’s degree in communications from Hofstra University and a master’s degree in business administration from Pace University.

An active participant in business and civic organizations, Quinn serves on the board of directors of BNY Hamilton Funds Inc. and Mutual of America Capital Management. He is also chairman of the Fifth Avenue Association, a trustee of the Museum of the City of New York, and serves as chairman of the North American Advisory Board for the University College Dublin, Smurfit School.

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