Ulta Beauty Management

Management criteria checks 3/4

Ulta Beauty's CEO is Dave Kimbell, appointed in Jun 2021, has a tenure of 3.42 years. total yearly compensation is $12.66M, comprised of 10.7% salary and 89.3% bonuses, including company stock and options. directly owns 0.076% of the company’s shares, worth €12.34M. The average tenure of the management team and the board of directors is 2.6 years and 5.2 years respectively.

Key information

Dave Kimbell

Chief executive officer

US$12.7m

Total compensation

CEO salary percentage	10.7%
CEO tenure	3.4yrs
CEO ownership	0.08%
Management average tenure	2.6yrs
Board average tenure	5.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Dave Kimbell's remuneration changed compared to Ulta Beauty's earnings?
Date	Total Compensation	Salary	Company Earnings
Aug 03 2024	n/a	n/a	US$1b
May 04 2024	n/a	n/a	US$1b
Feb 03 2024	US$13m	US$1m	US$1b
Oct 28 2023	n/a	n/a	US$1b
Jul 29 2023	n/a	n/a	US$1b
Apr 29 2023	n/a	n/a	US$1b
Jan 28 2023	US$14m	US$1m	US$1b
Oct 29 2022	n/a	n/a	US$1b
Jul 30 2022	n/a	n/a	US$1b
Apr 30 2022	n/a	n/a	US$1b
Jan 29 2022	US$9m	US$1m	US$986m
Oct 30 2021	n/a	n/a	US$868m
Jul 31 2021	n/a	n/a	US$727m
May 01 2021	n/a	n/a	US$485m
Jan 30 2021	US$9m	US$798k	US$176m
Oct 31 2020	n/a	n/a	US$227m
Aug 01 2020	n/a	n/a	US$282m
May 02 2020	n/a	n/a	US$435m
Feb 01 2020	US$3m	US$731k	US$706m
Nov 02 2019	n/a	n/a	US$698m
Aug 03 2019	n/a	n/a	US$699m
May 04 2019	n/a	n/a	US$686m
Feb 02 2019	US$3m	US$677k	US$659m
Nov 03 2018	n/a	n/a	US$652m
Aug 04 2018	n/a	n/a	US$626m
May 05 2018	n/a	n/a	US$591m
Feb 03 2018	US$2m	US$615k	US$555m

Compensation vs Market: Dave's total compensation ($USD12.66M) is above average for companies of similar size in the Austrian market ($USD4.29M).

Compensation vs Earnings: Dave's compensation has been consistent with company performance over the past year.

CEO

Dave Kimbell (57 yo)

3.4yrs

Tenure

US$12,663,880

Compensation

Mr. David C. Kimbell, also known as Dave, is Independent Director at Best Buy Co., Inc. from July 28, 2023. He has been the Chief Executive Officer and Director of Ulta Beauty, Inc. since June 2, 2021. Mr....

Leadership Team

Name	Position	Tenure	Compensation	Ownership
David Kimbell	CEO & Director	3.4yrs	US$12.66m	0.076% € 12.3m
Kecia Steelman	President & COO	3.4yrs	US$6.06m	0.010% € 1.7m
Jodi Caro	General Counsel	9.3yrs	US$2.12m	0.014% € 2.4m
Anita Ryan	Chief Human Resources Officer	2.6yrs	US$1.67m	0.0040% € 652.1k
Paula Oyibo	Chief Financial Officer & Treasurer	less than a year	no data	0.0072% € 1.2m
Mike Maresca	Chief Technology & Information Officer	1.4yrs	no data	no data
Kiley Rawlins	Vice President of Investor Relations	no data	no data	no data
Michelle Crossan	Chief Marketing Officer	1.8yrs	no data	no data
Monica Arnaudo	Chief Merchandising Officer	no data	no data	no data
Amiee Bayer-Thomas	Chief Store Operations Officer	4.2yrs	no data	no data
Erik Lopez	Chief Supply Chain Officer	less than a year	no data	no data

2.6yrs

Average Tenure

57.5yo

Average Age

Experienced Management: ULTA's management team is considered experienced (2.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
David Kimbell	CEO & Director	3.4yrs	US$12.66m	0.076% € 12.3m
Michelle Collins	Independent Director	10.1yrs	US$270.32k	0.011% € 1.8m
George Mrkonic	Independent Director	9.2yrs	US$290.32k	0.0042% € 692.9k
Lorna Nagler	Independent Non-Executive Chair	15.4yrs	US$450.32k	0.014% € 2.3m
Michael MacDonald	Independent Director	12.1yrs	US$300.32k	0.0030% € 491.9k
Patricia Little	Independent Director	5yrs	US$270.32k	0.0020% € 322.0k
Catherine Halligan	Independent Director	12.8yrs	US$300.32k	0.0033% € 542.6k
Gisel Ruiz	Independent Director	2.8yrs	US$270.32k	0.0019% € 315.4k
Michael Smith	Independent Director	5.2yrs	US$270.32k	0.0041% € 668.4k
Heidi Petz	Independent Director	1.9yrs	US$270.32k	0.0012% € 194.5k
Kelly Garcia	Independent Director	2.8yrs	US$270.32k	0.0019% € 315.4k

5.2yrs

Average Tenure

61yo

Average Age

Experienced Board: ULTA's board of directors are considered experienced (5.2 years average tenure).

Ulta Beauty Management

Management criteria checks 3/4

Key information

Recent management updates

Ulta Beauty, Inc., Annual General Meeting, Jun 11, 2024

President & COO recently sold €3.6m worth of stock

Ulta Beauty Announces Chief Financial Officer Changes

Ulta Beauty, Inc. Appoints Kecia L. Steelman as President and Chief Operating Officer

Independent Director recently sold €155k worth of stock

Independent Non-Executive Chair recently sold €598k worth of stock

Recent updates

New major risk - Revenue and earnings growth

Ulta Beauty, Inc. (NasdaqGS:ULTA) announces an Equity Buyback for $3,000 million worth of its shares.

New major risk - Share price stability

Second quarter 2025 earnings released: EPS: US$5.32 (vs US$6.05 in 2Q 2024)

Ulta Beauty, Inc. Revises Earnings Guidance for the Fiscal Year 2024

Investor sentiment improves as stock rises 16%

Ulta Beauty, Inc. to Report Q2, 2025 Results on Aug 29, 2024

New minor risk - Share price stability

First quarter 2025 earnings released: EPS: US$6.51 (vs US$6.92 in 1Q 2024)

Ulta Beauty, Inc. Revises Earnings Guidance for the Year 2024

Ulta Beauty, Inc. to Report Q1, 2025 Results on May 30, 2024

Ulta Beauty, Inc., Annual General Meeting, Jun 11, 2024

Now 28% undervalued after recent price drop

President & COO recently sold €3.6m worth of stock

Full year 2024 earnings released: EPS: US$26.19 (vs US$24.17 in FY 2023)

Ulta Beauty, Inc. to Report Q4, 2024 Results on Mar 14, 2024

Investor sentiment improves as stock rises 18%

Third quarter 2024 earnings released: EPS: US$5.09 (vs US$5.37 in 3Q 2023)

Ulta Beauty Announces Chief Financial Officer Changes

Ulta Beauty, Inc. to Report Q3, 2024 Results on Nov 30, 2023

Ulta Beauty, Inc. Appoints Kecia L. Steelman as President and Chief Operating Officer

Ulta Beauty Announces 2023 Muse Accelerator Cohort

Second quarter 2024 earnings released: EPS: US$6.05 (vs US$5.73 in 2Q 2023)

Ulta Beauty, Inc. Revises Earnings Guidance for the Fiscal Year 2023

Now 21% undervalued after recent price drop

Ulta Beauty, Inc. to Report Q2, 2024 Results on Aug 24, 2023

Independent Director recently sold €155k worth of stock

Investor sentiment deteriorates as stock falls 16%

First quarter 2024 earnings released: EPS: US$6.92 (vs US$6.34 in 1Q 2023)

Ulta Beauty, Inc. Revises Earnings Guidance for the Year 2023

Ulta Beauty, Inc. to Report Q1, 2024 Results on May 25, 2023

Independent Non-Executive Chair recently sold €598k worth of stock

General Counsel recently sold €504k worth of stock

Independent Director recently sold €195k worth of stock

Full year 2023 earnings released: EPS: US$24.17 (vs US$18.10 in FY 2022)

Ulta Beauty, Inc. Elects Heidi G. Petz to its Board of Directors

Third quarter 2023 earnings released: EPS: US$5.37 (vs US$3.97 in 3Q 2022)

Ulta Beauty, Inc. Revised Earnings Guidance for the Full Year of 2022

Ulta Beauty, Inc. to Report Q3, 2023 Results on Dec 01, 2022

High number of new directors

General Counsel recently sold €152k worth of stock

Ulta Beauty, Inc. Revises Earnings Guidance for the Full Year of 2022

Second quarter 2023 earnings released: EPS: US$5.73 (vs US$4.59 in 2Q 2022)

Ulta Beauty, Inc. to Report Q2, 2023 Results on Aug 25, 2022

Independent Director recently sold €179k worth of stock

High number of new directors

First quarter 2023 earnings released: EPS: US$6.34 (vs US$4.13 in 1Q 2022)

Ulta Beauty, Inc. Provides Earnings Guidance for Fiscal Year 2022

Ulta Beauty, Inc. to Report Q1, 2023 Results on May 26, 2022

Investor sentiment deteriorated over the past week

Ulta Beauty Launches Retail Media Network, UB Media

Now 22% undervalued

Now 21% undervalued

Ulta Beauty, Inc., Annual General Meeting, Jun 01, 2022

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Ulta Beauty, Inc. to Report Q4, 2022 Results on Mar 10, 2022

Ulta Beauty Announces Additions to Board of Directors

Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Ulta Beauty, Inc. Revises Earnings Guidance for the Fiscal Year 2021

General Counsel recently sold €117k worth of stock

Second quarter 2022 earnings released: EPS US$4.59 (vs US$0.14 in 2Q 2021)

Ulta Beauty, Inc. Revises Earnings Guidance for the Fiscal Year 2021

High number of new directors

Ulta Beauty, Inc.(NasdaqGS:ULTA) dropped from Russell 1000 Defensive Index

Independent Director recently sold €165k worth of stock

Chief Human Resources Officer recently sold €228k worth of stock

Independent Non-Executive Chairperson Robert DiRomualdo has left the company

First quarter 2022 earnings released: EPS US$4.13 (vs US$1.39 loss in 1Q 2021)

Ulta Beauty, Inc. Revises Earnings Guidance for the Year 2021