Ulta Beauty names new CEO


Ulta Beauty Inc. has named President David Kimbell as the successor to outgoing CEO Mary Dillon. Dillon has been CEO since 2013 and will become executive chair of the board for one year after she leaves her position. During her tenure, sales tripled to over $7 billion and the number of Ulta stores doubled. Ulta now has over 1,100 stores across all 50 states.