Exclusive: Ulta Beauty's new CFO is a Johnson & Johnson veteran tasked to help lead the company's next chapter | Fortune
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Exclusive: Ulta Beauty's new CFO is a Johnson & Johnson veteran tasked to help lead the company's next chapter | Fortune
"I am honored to welcome Chris to the Ulta Beauty family as chief financial officer,"
"Since stepping into the CEO role earlier this year, I have been focused on building a team that reflects our vision for growth, and I'm proud to say that we have found the right talent to take us into the future."
"Ulta Beauty is a formidable market leader in the beauty category,"
Christopher DelOrefice will become Ulta Beauty's chief financial officer on Dec. 5, succeeding Paula Oyibo, with Chris Lialios serving as interim CFO until then. DelOrefice joins from Becton Dickinson & Co., where he has been EVP and CFO since September 2021. He spent more than 20 years at Johnson & Johnson in financial leadership roles, including VP of investor relations, VP of finance, and CFO of North America consumer. DelOrefice will help execute the Unleashed strategy, which prioritizes driving core business growth, scaling ventures like the UB Marketplace, and realigning for success through international expansion, enhanced in-store experiences, broader wellness assortments, and deeper digital engagement. Ulta recorded $11.3 billion in sales in 2024, up from $912 million in 2007, supported by over 1,000 stores and a maturing e-commerce platform.
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