Scott Settersten has joined US beauty chain Ulta as Chief Financial Officer and Assistant Secretary, effective immediately. Settersten will report to Dennis Eck, interim Chief Executive Officer. Eck joined the company in February after the resignation of Chuck Rubin, who first joined Ulta in 2010.
Settersten has been Acting Chief Financial Officer and Assistant Secretary at the retailer since October 2012. Prior to joining Ulta, Settersten spent 15 years with PricewaterhouseCoopers LLP as a certified public accountant serving in senior manager roles in assurance and risk management.
"The board and I are delighted to appoint Scott to this position which is so crucial to Ulta Beauty's future success," said Eck. "During his eight years with Ulta Beauty, Scott has demonstrated excellent leadership and management capabilities. Scott is highly respected by the Board and the Ulta Beauty leadership team, and has done a terrific job stepping up to lead the finance organisation since taking on the CFO role last fall. Scott will be a valuable partner to me and to the next CEO of Ulta Beauty."