Press release
Ulta Beauty Announces CFO Transition Process
Chris Lialios, Senior Vice President –Controller, Appointed Interim CFO Company Reaffirms Fiscal 2025 Guidance BOLINGBROOK, Ill.--(BUSINESS WIRE)-- Ulta
About this update from Ulta Beauty, Inc.
[{"type":"text","content":"\nChris Lialios, Senior Vice President –Controller, Appointed Interim CFO\n\n\nCompany Reaffirms Fiscal 2025 Guidance\n\n\n BOLINGBROOK, Ill.--(BUSINESS WIRE)--\nUlta Beauty, Inc. (NASDAQ: ULTA), today announced that Chris Lialios, the company’s Senior Vice President – Controller, has been named Interim Chief Financial Officer, effective immediately. Mr. Lialios succeeds Paula Oyibo, who has left Ulta Beauty. The company has commenced an external search for a permanent successor with the assistance of a leading executive search firm.\n\n\nMr. Lialios has served as Senior Vice President – Controller since 2018 with responsibility for the company’s financial reporting, internal controls, and accounting policy. Mr. Lialios joined Ulta Beauty in 1999 as assistant controller, where he led finance transformation efforts across the company, and has held leadership positions of increasing responsibility within Ulta Beauty’s accounting and finance organization since that time. He is a Certified Public Accountant and holds a B.S. in Accounting from the University of Illinois Chicago and an M.B.A. from Webster University.\n\n\n“Chris has been a respected leader on Ulta Beauty’s finance team for more than 25 years, and we are thankful to him for stepping into this important interim role as we conduct a search for our next CFO,” said Kecia Steelman, president and chief executive officer. “We’re confident that his deep familiarity with our business coupled with his financial expertise and leadership style will ensure a smooth transition as we continue to execute our Ulta Beauty Unleashed plan.”\n\n\n“On behalf of the Ulta Beauty team and our Board of Directors, I want to thank Paula for her contributions and dedication to our company, guests and associates over the past six years, including serving as our CFO. We wish Paula all the best in her future endeavors,” Steelman continued.\n\n\n“It has been my honor to serve as CFO for Ulta Beauty,” said Paula Oyibo, chief financial officer. “I am extremely proud of our team’s accomplishments and believe Ulta Beauty is well-positioned to execute the Ulta Beauty Unleashed plan.”\n\n\nIn conjunction with this announcement, the company reaffirmed the guidance for fiscal 2025 provided in the company’s press release issued on May 29, 2025, including the company’s expectation that comparable store sales gr...