Tiffany's Shakes Up Executive Staff

Tiffany & Co. has shuffled responsibilities among two of its executive officers, effective immediately. Patrick F. McGuiness, 45, has been appointed senior vice president and chief financial officer. McGuiness joined Tiffany in 1990 and has held a variety of management positions within the finance and merchandising divisions. He was promoted to senior vice president of finance in 2007. James N. Fernandez, 55, has been appointed to the newly created role of COO, having served as chief financial officer since 1989. Fernandez was promoted to executive vice president and chief financial officer in 1998.