Tiffany & Co on Tuesday said it would appoint three independent directors to its board in a deal with hedge fund JANA Partners LLC, less than three weeks after the luxury jeweler's chief executive stepped down.
Christos Angelides has been named CEO at Reiss, confounding expectations that he would take the top clothing role at M&S. His new role at Reiss is part of a “planned succession process” and looks like a good fit.
Roberts and Dorer have been elected to the company Board of Directors, effective February 14. Dorer currently serves as CEO of Clorox, and Roberts will retire from her role as SVP and CFO of International Paper in March.