By  on April 11, 2011

Tiffany & Co. chairman and chief executive officer Michael Kowalski’s pay package rose nearly 17 percent last year as a hefty increase in his stock awards more than compensated for a reduction in his cash bonus.

Kowalski earned a total of $9.2 million last year, up 16.9 percent from $7.9 million in 2009.

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