Tiffany & Co. announced Pamela H. Cloud, who holds the position of Senior Vice President - Chief Merchandising Officer, will be leaving the organization effective July 31, 2020 and will cease to be an executive officer of Company effective November 26, 2019. Ms. Cloud joined Company in 1994 and has responsibility for management of company’s key product categories as well as global merchandising operations. In the interest of further aligning company’s global merchandising and marketing strategies, Company is creating a new position of Executive Vice President - Chief Brand Officer, a role that is expected to be filled by an external candidate. Until such candidate is hired and commences employment, company’s senior merchandising officers will report directly to Company’s Chief Executive Officer ("CEO"). Following November 26, 2019, Ms. Cloud's primary role will be to assist in transitioning her responsibilities and in providing advice, expertise and work on a project-by-project basis as may be requested by company’s CEO.