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Ulta Beauty Names Dave Kimbell as New CEO, Misses Share Target

Ulta Beauty Names Dave Kimbell as New CEO, Misses Share Target
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Ulta Beauty President Dave Kimbell To Succeed Mary Dillon As CEO

Ulta Beauty President Dave Kimbell To Succeed Mary Dillon As CEO WASHINGTON (dpa-AFX) - Ulta Beauty (ULTA) said that its president Dave Kimbell will succeed Mary Dillon as chief executive officer and will be nominated to stand for election to the company s board of directors at the 2021 annual stockholders meeting. Dillon will transition to the role of executive chair of the board of directors. She intends to serve as executive chair for a one-year term and, with the board of directors. Kecia Steelman, currently chief store operations officer, will be elevated to the role of chief operating officer. As part of this transition, Ulta Beauty s current chair, Robert DiRomualdo, will retire from the board after serving three years in the role of chair and 17 years total on the board.

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