Ulta Beauty is making leadership changes, with plans for its President Dave Kimbell to succeed Mary Dillon as CEO, effective in June. Kimbell also 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, where she intends to serve for a one-year term and, along with the board, will continue to help guide strategy while supporting Kimbell in his transition. Additionally, Kecia Steelman, currently Chief Store Operations Officer, will be elevated to the role of COO.
Kimbell joined Ulta Beauty as Chief Marketing Officer in 2014 and continually expanded his leadership responsibilities. He was named Chief Merchandising and Marketing Officer in 2015 and ultimately assumed the role of President in 2019.
As part of the 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. The company also announced that Lorna Nagler, who has served on the board since 2009, will become Lead Independent Director, working with Dillon in her Executive Chair role.
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