Ulta appoints seasoned retail executive as president, COO

BOLINGBROOK, Ill. Beauty retailer Ulta has appointed former Office Depot executive Chuck Rubin to serve as president and COO.

Rubin, who also will serve as a member of the board, will assume his new role on May 10. Following a transition period of up to four months, Rubin will become CEO. Lyn Kirby will continue as CEO through the transition period, and thereafter will provide guidance and counsel as a member of the company's board of directors through March 17, 2011.

"We are delighted to attract Chuck to Ulta as president and COO. Chuck's extensive retail background and knowledge of retailing will be highly valuable to us as the company continues to execute its proven strategy and maintain its successful track record of growth," stated Kirby. "Chuck is joining us at an opportune time with this established platform for future growth. One of my key priorities is to ensure a smooth transition in leadership and continue our strong performance. I am looking forward to providing insight and perspective to Chuck as well as assisting Ulta to reach its goals and objectives, as a member of our board of directors."

Rubin comes to the 348-store beauty chain with 30 years of retail experience. He joined Office Depot in 2004 as EVP and chief merchandise and marketing officer, rising to president North American retail in 2006. Prior to joining Office Depot, he spent six years at Accenture Consulting in senior leadership roles including partner. At Accenture, he advised clients and led engagements across retail formats and e-commerce businesses. He has extensive experience building partnerships and with key brands ranging from mass market to prestige in both the specialty and department store channels.

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