Tiffany & Co., specializing in luxury jewelry trade, announced the intention of CFO and Chief Operating Officer James N. Fernandez to retire in July 2014, Diamondintelligence.com reported.
Fernandez has served as CFO since the departure of the former CFO in November last year, and also served from 1989 to 2011. The record of his work in Tiffany is 30 years; he worked as the chief operating director of the company since 2011.
After Fernandez retires, the post of chief operating officer will be abolished, and Tiffany's senior vice president for global operations and customer service, and senior vice president of jewelry, diamond and precious stone production