Kendra Scott, the iconic American jewelry designer, has recently made a momentous announcement regarding the future leadership of her eponymous brand. Having established the Kendra Scott brand in 2002 and serving as its CEO for nearly two decades, Scott has decided to pass the torch to a new leader. Stepping into the role of CEO is Tom Nolan, a seasoned professional with a wealth of experience in brand building, retail innovation, and strategic planning.
Tom Nolan’s association with the Kendra Scott brand spans back to 2014 when he joined the company’s board. In 2016, he assumed the position of chief revenue and marketing officer, playing an instrumental role in the brand’s growth and success. As the new CEO, Nolan is well-equipped to steer the company towards continued prosperity and expansion.
Under Nolan’s leadership as president in 2019, the Kendra Scott brand experienced notable milestones, such as expanding its omnichannel presence, increasing its national retail footprint, and solidifying its wholesale network. This progress was further cemented by a strategic investment from Berkshire Partners, propelling the brand to a valuation of $1 billion.
Kendra Scott has expressed full confidence in Nolan’s abilities, acknowledging his pivotal role in the brand’s journey thus far. As Scott transitions into the role of executive chairwoman and majority owner, she remains dedicated to driving the brand’s creative direction, customer experience, and philanthropic endeavors. With Nolan at the helm, the essence of the Kendra Scott brand – characterized by exceptional design, social impact, and unwavering dedication to customers – will continue to be upheld.
With over 110 stores nationwide and a presence in top department stores like Neiman Marcus, Nordstrom, and Bloomingdale’s, Kendra Scott has solidified its status as a household name in the United States. Additionally, the brand’s products are available through 600 specialty retailers worldwide, contributing to its global appeal. With a workforce of over 2,000 individuals, Kendra Scott is poised for further growth and innovation under the leadership of Tom Nolan and the continued vision of Kendra Scott herself.
For more information on the leadership transition at Kendra Scott, please visit Kendra Scott Official Website. To explore the brand’s latest collections and philanthropic initiatives, visit Kendra Scott Products.
