ColumnistsJan 07, 2026
Peter Smith: Physical Retail—The Beginning or the End?As the shopping mall model evolves and online retail grows, Smith shares his predictions for the future of physical stores.
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
Events & AwardsJan 07, 2026
Melee Adds 13 New Designers to NYC ShowThe trade show is slated for Jan. 31-Feb. 2 at The Lighthouse in New York City's Chelsea neighborhood.
TrendsJan 07, 2026
Amanda’s Style File: Go for GarnetJanuary’s birthstone comes in a rainbow of colors, from the traditional red to orange, purple, and green.
Brought to you by
Impacting Tomorrow TodayHow Jewelers of America’s 20 Under 40 are leading to ensure a brighter future for the jewelry industry.
SourcingJan 07, 2026
Diamonds Do Good Releases 2025 Impact ReportThe annual report highlights how it supported communities in areas where natural diamonds are mined, crafted, and sold.
Weekly QuizDec 23, 2025
This Week’s QuizTest your jewelry news knowledge by answering these questions.
CrimeJan 06, 2026
2 Jewelers Arrested After TraxNYC Diamond District BrawlFootage of a fight breaking out in the NYC Diamond District was viewed millions of times on Instagram and Facebook.
MajorsJan 06, 2026
LeachGarner Appoints New Director of SalesLinda Coutu is rejoining the precious metals provider as its director of sales.
Brought to you by
Roseco Releases New Full-Line CatalogRoseco’s 704-page catalog showcases new lab-grown diamonds, findings, tools & more—available in print or interactive digital editions.
SourcingJan 06, 2026
AGA Announces 2026 BoardThe governing board welcomed two new members, Claire Scragg and Susan Eisen.
TrendsJan 05, 2026
Amanda’s Style File: New Year’s EditionSparkle with festive diamond jewelry as we celebrate the beginning of 2026.
IndependentsJan 05, 2026
Jeweler Ben Nighthorse Campbell Dies at 92The master jeweler, Olympian, former senator, and Korean War veteran founded the brand Nighthorse Jewelry.
TrendsJan 05, 2026
Pinterest 2026 Trend Report: Brooches, Bold Gold, Cool BlueIn its annual report, Pinterest noted an increase in searches for brooches, heirloom jewelry, and ‘80s luxury.
MajorsJan 02, 2026
Marc Metrick Out as CEO of Saks Global Executive Chairman Richard Baker will take over the role as rumors swirl that a bankruptcy filing is imminent for the troubled retailer.
Events & AwardsJan 02, 2026
Jan Mohr, Couture’s ‘North Star,’ Dies at 71Mohr had just retired in June after more than two decades as Couture’s retailer liaison.
SourcingJan 02, 2026
IDCA Elects New President, Board of DirectorsShekhar Shah of Real Gems Inc. will serve as president of the Indian Diamond & Colorstone Association in 2026.
CollectionsJan 02, 2026
Lalaounis’ 2026 Good Luck Charm Speaks to ResilienceThis year’s good luck charm features the mythical horse Pegasus, and is our first Piece of the Week of the new year.
EditorsDec 31, 2025
The Top 5 Stories of 2025Articles about crime, engagement rings, and a necklace worn in the World Series generated the most interest among readers.
MajorsDec 30, 2025
Becka Johnson Kibby to Lead Edge Retail AcademyAs part of the leadership transition, Sherry Smith will take on the role of vice president of coaching strategy and development.
SourcingDec 30, 2025
India Chosen as KP Chair for 2026It marks the third time the country has headed the Kimberley Process. Ghana will serve as vice chair.
WatchesDec 30, 2025
Bulova, Stetson Collab on Watches With Western FlairThe new Bulova x Stetson designs highlight two animals often associated with the American West—the bison and the Texas Longhorn.
CollectionsDec 30, 2025
Rahaminov Diamonds Pops Up in FloridaIts residency at Yamron Jewelers will run through May 2026.
IndependentsDec 29, 2025
In Memoriam: Industry Friends We Lost in 2025From influential executives to innovative designers, we pay tribute to the people we said goodbye to this year.
MajorsDec 29, 2025
Tanishq Opens New Stores in Florida, VirginiaThe retailer is expanding into areas with large Indian and South Asian populations.
MajorsDec 29, 2025
Nanis Opens First Flagship Store The Italian brand has opened its first flagship amid the peaks of the Dolomites in Madonna di Campiglio, Italy.
SourcingDec 29, 2025
‘Unearthed: Raw Beauty’ Exhibition Opens at LA MuseumThe new curation at the Natural History Museum of Los Angeles County showcases rare gem and mineral specimens in their uncut, natural state.
CrimeDec 24, 2025
LA Jewelry District Couple Pleads Guilty to Hiding Millions from IRSThe couple pleaded guilty to concealing at least $127 million in cash transactions at its precious metals businesses.
SurveysDec 24, 2025
Consumer Confidence Falls Again in DecemberConsumers shared concerns about prices, inflation, tariffs, trade, and politics in the survey’s write-in response section.
