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Ulta Announces CEO Succession Plan

Kirby to step down in the fall and replaced by Rubin.

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By: TOM BRANNA

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Ulta will soon have a new leader. Lyn Kirby, the creator of Ulta’s hybrid-beauty retail model, wil step aside as chief executive officer by this fall. As a result, the retailer has named Chuck Rubin president and chief operating officer and a board member, effective May 10. Following a transition period of up to four months, Rubin, previously president of North American retail for Office Depot, will become CEO of Ulta, a $1.2 billion company. Rubin has more than 30 years of retail experience...

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