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Tiffany's get new leader for overseas markets

DUBAI -- Tiffany and Co. announced it has named Frederic Cumenal as EVP effective March 10. Cumenal will be responsible for the company's businesses in Asia, Japan, Europe and emerging markets, and will report to chairman and CEO Michael Kowalski.

Cumenal joins Tiffany from the LVMH Group where most recently he was president and CEO of Moet and Chandon, S.A.

"Frederic brings a wealth of luxury brand experience and a highly developed global perspective that will prove especially important as Tiffany's growth continues outside of the Americas," said Kowalski.