Tiffany CFO to resign next week

Tiffany & Co.’s chief financial officer, Ralph Nicoletti, plans to resign effective May 20, the high-end jewelry retailer disclosed in a regulatory filing. Nicoletti became Tiffany’s CFO April 2, 2014. The company said it will conduct a search for a successor. The stock, which was still inactive in premarket trade, had tumbled 13% year to date, while the S&P 500 has gained 1%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

…read more

From:: Stock Market News

Leave a Reply