Kowalski Replaces Chaney as Tiffany Chairman

William R. Chaney, 70, retired as chairman of the board of Tiffany & Co. on Jan. 31 but will continue to serve on Tiffany's board of directors. Elected by the board to replace Chaney was Michael J. Kowalski, 50, who also will continue as chief executive officer of the company. Kowalski, who join

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