Tiffany appoints J. Thomas Presby to board of directors

Tiffany & Co., New York, on Monday appointed today J. Thomas Presby to fill a newly created seat on its Board of Directors, effective immediately. Presby also assumes the position of chairman of the Board’s audit committee. This appointment increases the number of directors to nine.

Mr. Presby, 63, is an advisor and retired partner of Deloitte & Touche, with a varied career spanning 30 years in public accounting. He also serves as a director of Practiceworks, Green Point Financial, World Fuel Services, German Marshall Fund of the USA, and Deloitte & Touche Russia, and is a member of the National Association of Corporate Directors.

“Tom Presby adds a wealth of valuable experience to our Board, especially in the fields of accounting, corporate governance and international business,” said Michael J. Kowalski, chairman and chief executive officer. “We are delighted he has agreed to join us and we look forward to benefiting from his counsel.”