HomeFashion & LifestyleUlta Beauty Names New Chief Financial Officer

Ulta Beauty Names New Chief Financial Officer



Ulta Beauty named Christopher DelOrefice as its new chief financial officer on Thursday.

“Chris brings deep financial expertise and a proven track record of delivering leading financial performance,” chief executive Kecia Steelman said in an accompanying release. An Ulta newcomer, DelOrefice joins from medical technology firm Becton Dickinson & Company, where he was executive vice president and CFO, and Johnson & Johnson. He succeeds Chris Lialios, who will transition back to his role as Ulta Beauty’s senior vice president.

DelOrefice is the latest in a slew of new appointments for Ulta. In the last year, the retailer has announced a new CMO and chief merchandising and digital officer, as well the appointment of Steelman to succeed long-time CEO Dave Kimbell.

In addition to a C-suite revamp, the retailer announced “Ulta Beauty Unleashed” earlier this year and has seen 24 new brands introduced to stores. UB Marketplace, an Amazon-style e-commerce marketplace, launched earlier this week.

In August, the retailer reported that second-quarter sales had risen 6.7 percent percent, beating expectations.

Learn more:

How Ulta Beauty Is Finding Growth in a Slowdown

The beauty retailer’s ‘Ulta Beauty Unleashed’ turnaround plan is paying off as the retailer overcame a broader beauty slowdown in the first half of the year, but headwinds loom.



Source link

RELATED ARTICLES

Most Popular

Recent Comments