8-K filed January 6, 2025, 6:59 PM ET ticker ULTA CIK 0001403568

leadership confidence high sentiment positive materiality 0.70

Ulta Beauty CEO Kimbell retires; Steelman named CEO; Q4 outlook raised

Ulta Beauty, Inc.

Dave Kimbell retires as CEO; Kecia Steelman appointed President & CEO and joins board, effective Jan 6, 2025.
Steelman's base salary increased to $1.35M; annual cash incentive target raised to 180% of base salary.
Company raises Q4 FY2024 outlook: comparable sales expected to increase modestly; operating margin above prior 11.6%-12.4% range.
Kimbell will serve as advisor through June 28, 2025, continuing to receive base salary and eligible for equity vesting.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Kecia L. Steelman

President and Chief Executive Officer

ULTA · Ulta Beauty, Inc.

Effective: 2025-01-06
Filed: January 6, 2025, 6:59 PM ET

Kecia L. Steelman, currently the Company’s President and Chief Operating Officer, will succeed Mr. Kimbell as President and Chief Executive Officer, effective January 6, 2025.

Departed

David C. Kimbell

Director

ULTA · Ulta Beauty, Inc.

Effective: 2025-01-06
Filed: January 6, 2025, 6:59 PM ET

On January 6, 2025, Ulta Beauty, Inc. (the “Company”) announced that David C. Kimbell, the Company’s Chief Executive Officer, will retire from his position and from the Company’s Board of Directors

Appointed

Kecia L. Steelman

Director

ULTA · Ulta Beauty, Inc.

Effective: 2025-01-06
Filed: January 6, 2025, 6:59 PM ET

At that time, Ms. Steelman will also join the Company’s Board of Directors.

Departed

David C. Kimbell

Chief Executive Officer

ULTA · Ulta Beauty, Inc.

Effective: 2025-01-06
Successor: Kecia L. Steelman
Filed: January 6, 2025, 6:59 PM ET

On January 6, 2025, Ulta Beauty, Inc. (the “Company”) announced that David C. Kimbell, the Company’s Chief Executive Officer, will retire from his position and from the Company’s Board of Directors

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Kecia L. Steelman changed role as President and Chief Executive Officer at Ulta Beauty, Inc..

Action: succeed
Role: President and Chief Executive Officer

Exact text from the filing

Kecia L. Steelman, currently the Company’s President and Chief Operating Officer, will succeed Mr. Kimbell as President and Chief Executive Officer, effective January 6, 2025.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

David C. Kimbell departed as Director at Ulta Beauty, Inc..

Action: retire
Role: Director

Exact text from the filing

On January 6, 2025, Ulta Beauty, Inc. (the “Company”) announced that David C. Kimbell, the Company’s Chief Executive Officer, will retire from his position and from the Company’s Board of Directors

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Kecia L. Steelman was appointed as Director at Ulta Beauty, Inc..

Action: will join
Role: Director

Exact text from the filing

At that time, Ms. Steelman will also join the Company’s Board of Directors.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

David C. Kimbell departed as Chief Executive Officer at Ulta Beauty, Inc..

Action: retire
Role: Chief Executive Officer

Exact text from the filing

On January 6, 2025, Ulta Beauty, Inc. (the “Company”) announced that David C. Kimbell, the Company’s Chief Executive Officer, will retire from his position and from the Company’s Board of Directors

View on SEC.gov

Ulta Beauty, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-25-001305

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