Tiffany & Co. CEO resigns amid company's financial concerns
According to Associated Press, the CEO of luxury retailer Tiffany & Co. has stepped down amid concerns about the company's financial performance.
Michael Kowalski, chairman of the board of directors and previous CEO of Tiffany, will serve in the interim.
Tiffany's board said that while Cumenal has helped position the company for success in the long term, it has been "disappointed by recent financial results," according to a statement by Kowalski.
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