Tiffany Names Ralph Lauren Veteran Roger Farah to Chairman Job
- Michael Kowalski will step down from role after long tenure
- Farah had been added to board as part of Jana pressure
Handbags sit on display at the Tiffany & Co. flagship store on Fifth Avenue during the second annual Fashion's Night Out in New York, U.S., on Friday, Sept. 10, 2010. The event, designed to support retailers in all five New York boroughs, included about 1,100 stores that remained open late and had in-store promotions, up from 800 participants last year.
Photographer: Ramin Talaie/BloombergThis article is for subscribers only.
Tiffany & Co.’s board elected Roger Farah as its next chairman, turning to a longtime Ralph Lauren Corp. executive for guidance as the luxury brand works to reignite growth.
Farah will take over the job on Oct. 2 from Michael Kowalski, who will stay on as a director, Tiffany said on Thursday.