Michael J. Kowalski, Tiffany & Co.’s chairman and chief executive officer, has been taking advantage of the luxe jeweler’s stock rebound and pulled in $22.2 million this year, before taxes, by exercising options and then selling the shares.
The 640,000-share stake was sold off in seven pairs of transactions since Feb. 1. On Monday, for instance, the ceo exercised his option to buy 115,000 shares for $31.49 each and then sold the same number of shares for $75.88 apiece, according to a filing with the Securities and Exchange Commission.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"