Management Fortification Strategy
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David Ponzo Named Deputy CEO at Tiffany & Co.
Yahoo Finance· 2026-01-19 13:30
Core Viewpoint - Tiffany & Co. has appointed David Ponzo as deputy chief executive officer, a role that expands his responsibilities to shape the brand's strategic priorities and oversee various commercial functions [1][2]. Group 1: Appointment and Role - David Ponzo takes over the duties of former chief commercial officer Gavin Haig, who retired in 2025 [2]. - In his new role, Ponzo will lead Tiffany's worldwide retail and corporate commercial organization, overseeing retail zones, client relations, digital and omnichannel strategies, and global servicing [2]. - He will also manage the jewelry and high jewelry product divisions and the newly created strategic business development function [2]. Group 2: Background and Experience - Ponzo joins Tiffany & Co. from Louis Vuitton, where he served as chief commercial officer for five years, focusing on local clientele and high-end product categories [3]. - His previous roles include president and CEO of Louis Vuitton Japan and senior leadership positions at Swatch Group and Omega in Asia [3]. Group 3: Management Strategy - The appointment aligns with a broader management fortification strategy at parent company LVMH, which has seen similar deputy CEO role additions at other brands like Louis Vuitton, Dior, and Bulgari [5]. - This strategy emphasizes promoting talent from within the company [5].