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James Quinn, president of Tiffany & Co., will retire early next year, leaving the luxe jeweler after 25 years.
Quinn, 58, is responsible for the company’s sales outside the Americas, and has served as president since 2003. He began his career at Tiffany in 1986 as vice president of corporate sales. Quinn was promoted to executive vice president in 1992 and president in 2003. He will be retiring from the industry following his resignation.
Michael Kowalski, chairman and chief executive officer, said, “Jim’s contributions to Tiffany over his long and illustrious career have been enormous. In particular, his leadership of the global expansion of the Tiffany & Co. brand has been transformative for the company.
“A search has been commissioned for a senior executive to assume Jim’s responsibilities for the Asia-Pacific, Japan and Europe regions, as well as emerging markets,” he said.
Tiffany reported a sales increase of 11 percent during November and December of last year, leading the company to adjust its projection of profits upward. As of December, the company operated 232 retail stores worldwide.