Ulta adds retail vet to board
BOLINGBROOK, Ill. — Ulta Beauty has a new board member. The company announced Tuesday that it had added George Mrkonic, Paperchase Products Limited’s non-executive chairman, to its board of directors. He will also serve on the company’s audit committee.
“We are excited to welcome George to Ulta Beauty’s Board of Directors,” Ulta CEO Mary Dillon said. “He brings extensive retail industry knowledge as well as strategic, financial and corporate governance skills from his experience as a senior executive and director of many public companies. I’m confident that George’s insight and expertise will be extremely valuable to Ulta Beauty as we continue to execute our growth strategy.”
Mrkonic has over 30 years of retail industry experience and has been at Paperchase since 1999, where he became non-executive chairman in 2005. He has led companies like Eyelab, Kmart Specialty Retailing Group and Borders Group. Mrkonic also is a member of the boards of Brinker International, AutoZone, Syntel and Gordon Brothers Group.
Synchrony Financial shares 4 most-valued customer experiences
- Pick your own sale items ranked highest in the survey, with 42% of customers finding this a valuable shopping feature;
- Hassle-free returns was noted by 41% of respondents as important, with favorite benefits such as no time limit, no need for a receipt and free postage on returns;
- No coupons needed to always get the sale price is key for 40% of participants who automatically want the lowest price without having to clip or find discounts; and
- Earn points to redeem for extra savings is ranked by 33% of shoppers as an important benefit and may lead them to spend more with the retailer when rewards are easy to accumulate and redeem.