This leadership change follows the retirement of Dave Kimbell, who has been with Ulta Beauty for eleven years.

US retailer Ulta Beauty has promoted Kecia Steelman to president and CEO, effective immediately. She replaces Dave Kimbell, who is retiring after an 11-year tenure. He is also stepping down from the company’s board of directors, but will stay on as an advisor to Ulta Beauty through 28 June.

Ulta Beauty said CEO Dave Kimbell is retiring after 11 years at the company, and will be replaced by COO Kecia Steelman.

Ulta Beauty shares are trading higher in Monday's after-hours session after the company announced a CEO transition and updated its near-term outlook.

Ulta Beauty has announced the retirement of Dave Kimbell as chief executive officer after 11 years with the business. The company said Kecia Steelman, president and chief operating officer, will succeed Kimbell as president and CEO.

Shares of Ulta Beauty Inc. ULTA slipped 3.07% to $415.14 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.16% to 5,918.25 and the Dow Jones Industrial Average DJIA rising 0.

Ulta Beauty CEO Dave Kimbell is stepping down, the company said Monday, as the cosmetics retailer looks to reignite sales momentum in the slumping beauty category. The stock was rising.Kecia Steelman,

Ulta topped estimates in its third-quarter earnings report. The worst of an earlier slowdown seems to be behind the beauty company. The company announced a new CEO in January. According to data from S&P Global Market Intelligence,

Key Takeaways Ulta Beauty announced CEO Dave Kimbell's retirement Monday.JPMorgan analysts still call the company a "top pick," citing its improved fourth-quarter outlook.Ulta's Q4 comparable sales and operating margin update implies higher earnings per share (EPS) than Wall Street's consensus,