Tiffany & Co. (NYSE-TIF) reported that its Board of Directors has elected Jon M. King to the post of senior vice president – merchandising. Mr. King, 46, has held increasingly responsible positions in the Merchandising Division since joining Tiffany in 1990 as a jewelry buyer. He assumed full responsibility for product development in 2002 as group vice president.
In his new role, Mr. King's responsibilities include Tiffany's demand management, category management/assortment planning and product design areas. His promotion follows the recent resignation of Linda Hanson, who had previously held that title.
Michael J. Kowalski, chairman and chief executive officer, said, ''Jon's leadership of Tiffany's product development efforts has contributed immensely to our success over the years. We are fortunate to have a merchant with Jon's creativity and strategic vision at the helm of our Merchandising Division.''