David Minster joins Scott Kay as CEO

by eyetee | August 16, 2013 1:56 pm

Bridal company Scott Kay has appointed David Minster as its chief executive officer (CEO).

Minister—who also becomes a member of Scott Kay’s board of advisors—was most recently chief operating officer (COO) of David Yurman.

“I have spent more than a decade looking for a business partner to run the company on a day-to-day basis to enable me to focus on the art and design of our products, and I have found that partner in David,” said Scott Kay, the company’s founder.

“David’s background and expertise within the consumer goods and luxury sectors made what would have otherwise been a very hard decision, simple and obvious. His track record demonstrates consistent results and profound success. A founding entrepreneur can only wear so many hats before he reaches a certain level.Â With David onboard, we will be able to far exceed the vision I have for the brand. This is a pivotal moment for our company: world-class business meets world-class art.”

Kay will remain chair and chief designer. Minster’s appointment will allow Kay to focus on designing, as well as pursue his other passions of writing, public speaking, and teaching.

Minster brings more than 25 years’ experience in the luxury and consumer goods businesses, particularly direct-to-consumer and global operations in both supply chain and retail, areas Scott Kay is looking to pursue.

“Clearly, the imperative is to establish structure to all the opportunities that Scott Kay currently has before it,” Minster said.Â “You’re dealing with a matrix of omni-channel opportunities, geographic opportunities, a myriad of new category possibilities. We’ll be able to dramatically impact performance and growth by focusing on key initiatives, building great teams to execute them, and by allowing Scott to focus on the tremendous body of unpublished designs in his studio.”

Paul Blum, former CEO of David Yurman, hailed Minister’s experience in building infrastructure for growth.

“With David’s rare combination of supply chain, technology, retail, online, and corporate restructuring experience, I’m sure he will be very successful in his new role.”

Source URL: https://www.jewellerybusiness.com/news/david-minsters-joins-scott-kay-as-ceo/