Tiffany & Co. said Wednesday that it is shifting and expanding responsibilities for two executive vice presidents, Beth Canavan and Frederic Cumenal.
Cumenal, 53, joined the international luxury jewelry retailer in March 2011 from the LVMH Group. He has been responsible for Tiffany's businesses in Asia, Japan, Europe and Emerging Markets. Effective immediately, Cumenal will expand his role to assume responsibility for all of Tiffany's worldwide sales activities.
Canavan, 58, joined Tiffany in 1987 and through progressively greater responsibilities has headed the Americas region in recent years. She will now report to Cumenal who reports to Michael J. Kowalski, Tiffany's chairman and chief executive officer.