Silver bracelets by Tiffany & Co
Photo credit: Tiffany & Co
Tiffany & Co has announced that Alessandro Bogliolo has been appointed as its new CEO. The veteran luxury industry executive will assume the role on October 2, 2017.
Bogliolo was most recently CEO of Diesel SpA where he led the global apparel and accessories company's efforts to revitalise its brand and enhance the customer experience. He also served for 16 years at Bulgari SpA including in the roles of chief operating officer and executive vice president, Jewelry, Watches & Accessories.
Tiffany's chairman and interim CEO Michael Kowalski noted that the announcement concluded the Board of Directors' thorough process to identify and recruit an accomplished leader to position the company for sustainable growth in the years ahead.
"Alessandro has a well-deserved reputation for creativity and execution, having previously led a number of international brands to success and improved performance. I also believe that his vision and team-oriented approach make him an ideal fit with Tiffany's long-standing values. Tiffany is an iconic brand and is at an important time in its history. We look forward to Alessandro and the Tiffany team delivery a distinctive vision of luxury and style to our customers around the world, while also focusing on driving attractive returns for our shareholders," Kowalski said.
Independent director Rose Marie Bravo, speaking as the chairman of the Search Committee of the Board of Directors, said: "We are delighted to have been able to attract a leader who has the global experience and passion for our brand and heritage to drive extraordinary design, outstanding customer experience and capital efficiency. He is a proven executive with the skills necessary to accelerate revenue growth and increase value for all shareholders during this next chapter for Tiffany."
Bogliolio, for his part, remarked: "I am honoured and excited by the opportunity to lead this remarkable company. Tiffany, with its legendary history, has always represented luxury, style and an extraordinary standard of quality and excellence, and I look forward to working with the Board and the rest of the Tiffany team to build on this foundation. It is my goal to continue to delight our customers with compelling product offerings, supported by best-in-class operations. I am committed to strengthening the company's position as one of the world's most important luxury brands and delivering value for all of our stakeholders."
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