With its founder back at the helm and armed with a private equity war chest, the company looks to be entering a new chapter of its development. Scott herself has reason for optimism: She and country musician Zac Brown announced their engagement in August.
Below is the full statement from Kendra Scott.
Following a record-breaking year of growth, including our milestone partnership with 65 Equity Partners, Kendra Scott is entering an exciting new chapter of expansion across channels, categories, and markets.
Founder Kendra Scott will return as Interim CEO, having recently increased her majority ownership stake in the company through the 65 Equity transaction, further deepening her long-term commitment to the brand she built.
She will be joined by Neal Bronzo, a seasoned executive and longtime Kendra Scott leader, who will step into the combined role of Interim CFO/COO, and by Beth Ley, a beloved former member of the Kendra Scott leadership team, who will return as CPO on September 1, 2025.
As part of this transition, CEO Tom Nolan, CFO Jason Friesen, and CPO Danielle Stewart have departed the company. We are grateful for the leadership, expertise, and vision they brought to Kendra Scott.
With a customer-first mission, a talented and dedicated team, and the momentum of a record-breaking year, the brand is well-positioned to build on its success and deliver meaningful products and experiences for our customers worldwide.