Bolingbrook, Ill. — Ulta Beauty, Inc. has named Chris Lialios, its senior vice president – controller, as interim chief financial officer, effective immediately. He 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.
Lialios has served as senior vice president – controller since 2018 with responsibility for the company’s financial reporting, internal controls and accounting policy. He joined Ulta Beauty in 1999 as assistant controller.
“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,” says 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.”
Steelman continues: “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 6 years, including serving as our CFO. We wish Paula all the best in her future endeavors.”
Ulta Beauty is the largest specialty U.S. beauty retailer, founded in 1990. Today, Ulta Beauty operates 1,451 retail stores across all 50 states. For more information, visit www.ulta.com.
SOURCE: Ulta Beauty