EditorsNov 07, 2025
Piece of the Week: An MVP’s Sapphire Tennis Necklace At the 2025 World Series, the Los Angeles Dodgers’ Yoshinobu Yamamoto sported a custom necklace made by California retailer Happy Jewelers.
MajorsFeb 03, 2021
Kendra Scott Stepping Down as CEO of Her Company
President Tom Nolan will take over at the accessories company, while Scott remains executive chairwoman.
Kendra Scott President Tom Nolan has been named CEO of the accessories company, effective immediately. He takes over for the company’s namesake, Kendra Scott, who launched her business in 2002 and has been CEO ever since.
Austin, Texas—After nearly 20 years leading the accessories company she started, Kendra Scott is taking a step back.
Scott’s eponymous company announced via a news release Monday that she is stepping down as CEO and will be replaced by company President Tom Nolan, effective immediately.
She will remain the company’s executive chairman and its majority owner, guiding design, customer experience and philanthropy.
Scott started her company in 2002, three months after the birth of her son and with $500 to invest. 
The brand is also sold in Bloomingdale’s, Nordstrom and Neiman Marcus, as well as in 600 specialty boutiques worldwide and online.
Scott has been the subject of numerous how-she-built-it business profiles over the years and is a professor of practice at the Kendra Scott Women’s Entrepreneurial Leadership Institute at the University of Texas in Austin, which she founded.
She also is one of the richest self-made women in America, according to Forbes, with the 46-year-old ranking No. 47 on the magazine’s 2020 list.
Forbes puts her estimated net worth at $510 million.
Kendra Scott’s new CEO, Nolan, joined the company’s board in 2014 and became its chief revenue and marketing officer in 2016.
He was promoted to president in 2019 and worked on omnichannel and expanding the brand’s retail footprint as well as its wholesale distribution.
He also worked alongside Scott on opening a flagship store in Austin in 2018, the 2017 investment by Berkshire Partners that valued the company at $1 billion, and the opening of the women’s leadership institute at the University of Texas.
Prior to joining Kendra Scott, Nolan held executive positions at Ralph Lauren, Condé Nast and was the founder and CEO of Prospect Brands.
In the release, Scott called Nolan “an incredible thought partner” and a “wonderful steward of the brand.”
“During this extraordinary time of retail transformation, there has been no better person to partner with me on building the brand and the business,” Scott said. “Tom is an experienced executive with a relentless focus on the customer, operational rigor, and strong expertise in digital transformation.
“With Tom at my side as CEO, I can continue to focus on what I have always seen as the core of the brand—great design, strong philanthropic impact and a
continued commitment to our customer.”
More on Majors
The Latest
IndependentsNov 07, 2025
Foundrae’s New Palm Beach Location Is a ‘Golden Solarium’The brand’s seventh location combines Foundrae’s symbolic vocabulary with motifs from Florida’s natural surroundings.
FinancialsNov 07, 2025
Watches of Switzerland’s H1 Sales Up 8%The retailer also shared an update on the impact of tariffs on watch customers.
Brought to you by
Jewelers of America Aligns New Mission to Create Meaningful Impact for MembersFrom educational programs, advocacy, and recent MJSA affiliation, Jewelers of America drives progress that elevates businesses of all sizes.
SourcingNov 06, 2025
Pink Tourmaline Bracelet, Emerald Suite Take Top Spectrum Honors Pink and purple stones were popular in the AGTA’s design competition this year, as were cameos and ocean themes.
Weekly QuizNov 06, 2025
This Week’s QuizTest your jewelry news knowledge by answering these questions.
IndependentsNov 06, 2025
Greenwich St. Jewelers Hosts Raffle Supporting Food RescueAll proceeds from the G. St x Jewel Boxing raffle will go to City Harvest, which works to end hunger in New York City.
IndependentsNov 06, 2025
Cornell’s Jewelers Names New PresidentCourtney Cornell is part of the third generation to lead the Rochester, New York-based jeweler.
SourcingNov 06, 2025
De Beers’ Production, Sales Increase in Q3 De Beers also announced more changes in its upper ranks ahead of parent company Anglo American’s pending sale of the company.
WatchesNov 05, 2025
Shinola President Steps Down Just as He Starts Former Signet CEO Mark Light will remain president of Shinola until a replacement for Ulrich Wohn is found.
AuctionsNov 05, 2025
Taylor Swift’s Engagement Ring Designer Makes Her Auction DebutKindred Lubeck of Artifex has three rings she designed with Anup Jogani in Sotheby’s upcoming Gem Drop sale.
FinancialsNov 05, 2025
Pandora Posts Modest Q3 Sales Growth Amid ‘Weak’ Consumer Sentiment The company focused on marketing in the third quarter and introduced two new charm collections, “Pandora Talisman” and “Pandora Minis.”
FinancialsNov 05, 2025
Brilliant Earth’s Q3 Sales Climb 10%The jewelry retailer raised its full-year guidance, with CFO Jeff Kuo describing the company as “very well positioned” for the holidays.
Policies & IssuesNov 04, 2025
Supreme Court to Hear Tariffs Case WednesdayAhead of the hearing, two industry organizations co-signed an amicus brief urging the court to declare Trump’s tariffs unlawful.
ColumnistsNov 04, 2025
Peter Smith: What Do Birds Have to Do With the Price of Gold? Smith cautions retailers against expending too much energy on things they can’t control, like the rising price of gold.
TrendsNov 04, 2025
Amanda’s Style File: Fall Colors for November BirthdaysCitrine and topaz are birthstones fit for fall as the leaves change color and the holiday season approaches.
IndependentsNov 04, 2025
Weston Jewelers Heads to Fort LauderdaleThe family-owned jeweler will open its fourth store in Florida in late 2027.
CrimeNov 03, 2025
Men Dressed as Construction Workers Burglarize Jeweler’s Home The NYPD is looking for three men who stole a safe and jewelry valued at $3.2 million from the home of a jeweler in Jamaica Hills, Queens.
CollectionsNov 03, 2025
Muse’s ‘Have a Heart’ Collab Returns, Now With DDGThe “Have a Heart x Diamonds Do Good” collection is championed by model and humanitarian Flaviana Matata and will benefit her foundation.
AuctionsNov 03, 2025
Kashmir Sapphire Ring Tops Christie's Online AuctionThe ring, set with a nearly 17-carat Kashmir cabochon sapphire, sold for $1 million.
TrendsOct 31, 2025
Piece of the Week: A Spinner Fit for ‘Frankenstein’This “Mother Father” spinner necklace from Heavenly Vices Fine Jewelry draws inspiration from Victorian Era jewelry.
CrimeOct 31, 2025
5 More Arrested in Louvre Heist, Jewelry Still Missing The suspects were rounded up in Paris and its suburbs on Wednesday night, but none of the stolen jewels were recovered with them.
Recorded WebinarsOct 31, 2025
Watch: How to Master Google Reviews for Your BusinessExperts share top tips on how to encourage positive reviews and handle negative feedback.
Supplier BulletinOct 30, 2025
Protect Your Customers and Your BusinessSponsored by the Gemological Institute of America
CrimeOct 30, 2025
29-Year-Old Man Charged in Multiple Seattle-Area Smash and Grabs The suspect faces charges in the August robbery of Menashe & Sons Jewelers and is accused of committing smash and grabs at two pawn shops.
Lab-GrownOct 30, 2025
Alison Lou’s New Collection Uses Lab-Grown Diamonds and ResinThe “Lumière Fine” collection was born from designer Alison Chemla’s interest in the transformative power of light.
TrendsOct 30, 2025
Amanda’s Style File: A Haunted HalloweenShow off your spooky side with these 12 festive jewels.
