David Kimbell is the current CEO of Ulta Beauty, Inc., a leading beauty retailer known for its wide range of cosmetics, skincare, and fragrance products. He took over as CEO on June 2, 2021, after serving as the President and...
David Kimbell is the current CEO of Ulta Beauty, Inc., a leading beauty retailer known for its wide range of cosmetics, skincare, and fragrance products. He took over as CEO on June 2, 2021, after serving as the President and Chief Merchandising Officer for the company. Kimbell is a marketing expert, with years of experience in retail that he brings to his role. In 2023, his total compensation reached nearly $12.7 million, which included a significant cash bonus tied to the company's performance. Notably, his bonus payout was based on the company's earnings before taxes (EBT), which fell slightly short of the target. Kimbell is a key figure in Ulta’s growth strategy, leading initiatives that align with changing consumer preferences. He’s been involved with big decisions including corporate strategy and merchandise planning, crucial for keeping the company competitive in a fast-evolving market. He also holds substantial amounts in company stock and is an active trader, showing confidence in Ulta's future.