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Ulta Beauty’s Paula Oyibo To Succeed Longtime CFO Scott Settersten

Settersten, who is retiring after nearly two decades in the role, will be replaced by Oyibo, senior vice president finance, effective April 1, 2024.

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By: Lianna Albrizio

Associate Editor

Ulta Beauty Chief Financial Officer Scott Settersten is retiring after nearly 20 years with Ulta Beauty, effective April 1, 2024.    The company has tapped Paula Oyibo, senior vice president of finance, to succeed Settersten as CFO and will report to CEO Dave Kimbell.   “Scott has had a tremendous impact on Ulta Beauty as a key member of our leadership team and a passionate steward of our business for nearly two decades,” said Kimbell. “From his early days of supporting Ulta Beau...

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