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Tuesday, September 13, 2016

Tiffany Names Mark Erceg As CFO


Tiffany & Co. appointed Mark Erceg as its executive vice president and chief financial officer, responsible for the company's worldwide financial, indirect procurement and information technology functions.

Erceg, 47, will be based in New York and will report to Frederic Cumenal, Tiffany CEO. His appointment will become effective on October 18. He replaces Tiffany's former chief financial officer who left the Company in May to pursue another position with a different company.

Erceg was previously employed at Canadian Pacific Railway Ltd., where he has served as executive VP and CFO since May 2015. From 2010 - 2015, he was the CFO for Masonite International Corp. He began his career at Procter & Gamble in 1992 where, over 18 year period, 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," Cumenal said in a statement issued Tuesday. "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." 

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