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Tiffany & Co. Appoints New Board Member

Scuttlebutt | May 18, 2012

Jewelry retailer Tiffany & Co. announced that its stockholders have appointed
Robert Singer to its board of directors. He will chair the board's audit
committee and replaces Thomas Presby, who has retired.

Singer has held a variety of senior-level corporate positions
including chief financial officer of Gucci Group. Earlier in his career, he was
a partner at Coopers & Lybrand, a global accounting firm.

Singer's
appointment brings the board's total to nine.