Cindy Monroe will step down as CEO of Thirty-One Gifts, but maintain a role with the company, passing the torch to Elizabeth Thibaudeau, former CEO of Jamberry and executive at Nu Skin. Monroe founded Thirty-One Gifts in the basement of her Tennessee home in 2003, specializing in bags, accessories and personalized gifts. Additionally, Tracy Britt Cool, who worked closely with Warren Buffett as a key deputy at Berkshire Hathaway Inc., will take an ownership stake in Thirty-One Gifts. Through Kanbrick, the investment firm Britt Cool leads, she will become a partner and owner with founder Monroe.
