Ulta Beauty is continuing to revamp its C-suite.
On Thursday, it announced that the British beauty executive Lauren Brindley will succeed Monica Arnaudo as the retailerâs chief merchandising and digital officer from June 3.
Arnaudoâs retirement was announced last November. In January, longtime chief executive officer Dave Kimbell was succeeded by Kecia Steelman, the companyâs former president and chief operating officer.
Brindley joins from the British beauty company Revolution Beauty, where she was chief executive since August 2023. Brindley is credited with kick-starting a turnaround for the embattled mass cosmetics label, which had seen its profits and sales slide amidst ongoing legal challenges with its founders.
Brindley oversaw a plan to simplify the companyâs offerings from seven brands to three, cut poor-performing SKUs, and slow-moving excess stock at discounted rates. She previously held leadership roles at Walgreens and Boots.
In a release, Ulta Beautyâs CEO Steelman hailed Brindleyâs âglobal perspectiveâ, saying her appointment would help grow strategic partnerships with its brands. The retailer is currently on an aggressive turnaround plan, which has seen it pause initiatives like its shop-in-shop partnership with Target, increase its selection of premium brands formerly only found in rival Sephora like Milk Makeup and Sol de Janeiro, and attract new exclusive brands like the singer Beyoncéâs hair care line, Cécred.
In March, Ulta Beauty reported net sales down 1.9 percent for its fourth fiscal quarter. Full-year sales rose 0.8 percent to $11.3 billion.
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