P&G Veteran Chosen as President of Ulta Beauty
April 24, 2019 Former Procter & Gamble Co. brand manager Dave Kimbell has been named president of Ulta Beauty Inc., which claims to be the largest U.S. beauty retailer of cosmetics, fragrance, skin care products, hair care products and salon services.
Ulta Beauty operates 1,174 retail stores across 50 states and also distributes its products through the company website.
P&G brands sold by Ulta include numerous Olay skin care products and Herbal Essences Bio:Renew shampoo.
Before joining the Cincinnati-based maker of consumer goods (NYSE: PG) in 1996, Kimbell spent five years as a commercial loan officer with National City Bank.
He worked on several brands for P&G before leaving in 2001 to become vice president of marketing for PepsiCo, where he drove integration of the $2.1 billion Quaker cereal and snack bar portfolio and led a team of 22 marketers.
In 2008, Kimbell became chief marketing officer of Seventh Generation, which makes laundry, baby care and feminine care products that compete with those of P&G. He was hired by U.S. Cellular in 2008 as chief marketing officer.
Kimbell, 51, joined Chicago-based Ulta (NASDAQ: ULTA) in 2014 as chief marketing officer, and he added the title of chief merchandising officer in 2015. He will retain both of those titles in addition to being president.
About the Role
In his new role, Kimbell will assume additional responsibility for corporate strategy and merchandise planning and operations. He will continue to report directly to Ulta CEO Mary Dillon.
“This increased responsibility recognizes Dave’s value to the company, his reputation in the industry and his track record of delivering outstanding performance,” Dillon said. “Dave plays a critical role in driving our business results and leading the organization as a member of the executive team.
“This expansion of Dave’s scope more closely aligns corporate strategy with the merchandising and marketing functions to identify future growth opportunities, strengthen execution, and extend our competitive advantage,” Dillon added.
Barrett J. Brunsman Staff reporter, Cincinnati Business Courier