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Ulta Names SettersenActing Chief Financial Officer

November 6, 2012


• Ulta Beauty appointed Scott Settersten as acting chief financial officer, effective immediately. He replaces Bruce L. Hartman, who has resigned from his position as chief financial officer by mutual agreement with the company. Chuck Rubin, president and CEO, said, “We are fortunate to have Scott serve as acting chief financial officer. Scott’s exceptional finance and accounting experience will serve Ulta Beauty well as we move forward. During his seven years at Ulta Beauty, Scott has demonstrated a keen financial aptitude and excellent leadership and management capabilities.

“Scott is committed to serving as Acting CFO where he will lead our experienced and dedicated finance team. Ulta Beauty continues to excel in the marketplace due to our strong business model, superior execution results and strong growth potential for the future.”

Settersten has served as vice president of accounting since 2010 and was responsible for accounting, tax and external reporting. In his role, he has also overseen investor relations and has worked closely with the Audit Committee and Board of Directors. He joined Ulta Beauty in January 2005 as a director of financial reporting.

Prior to joining Ulta Beauty, Settersten spent 15 years with PricewaterhouseCoopers LLP.
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