Companies

Ulta Beauty Appoints Christopher DelOrefice to Lead Financial Strategy

The American cosmetics distribution giant reshuffles its leadership team once more, following two appointments over the summer. Chris Lialios steps down, returning to his role as the company’s senior vice president.

Ulta Beauty Appoints Christopher DelOrefice to Lead Financial Strategy
Ulta Beauty Appoints Christopher DelOrefice to Lead Financial Strategy

Modaes

Ulta Beauty signs new talent. The U.S.-based cosmetics distribution company has added Christopher DelOrefice as its new CFO, a position he will assume in December 2025. He succeeds Chris Lialios, who will return to his previous position as senior vice president of the company.

 

The executive comes from the medical sector. Specifically, he comes from Becton Dickinson&Company, a medical technology company, where he was vice president and chief financial officer. He has also worked for Johnson & Johnson.

 

Ulta Beauty has made more signings in recent months. It brought on board Martin Brok, former president and CEO of Sephora for nearly two years, and Stephenie Landry, a former Amazon executive, in the summer. Both joined its board of directors.

 

 

 

 

The company is in a time of change in its localization strategy. A few months ago, it also announced that it will not renew its partnership with Target, with which it operated more than 600 stores. Its agreement will end in 2026. In this regard, Ulta Beauty already announced in April that it was pausing its openings in new locations.

 

At the same time, the retailer acquired the British chain Space NK in the summer as part of its global expansion strategy. The operation opened the door to the new market, after years focused exclusively on the United States.

 

Ulta Beauty introduced 24 new brands in its stores at the beginning of the year. According to the latest available data, published in August this year, the company announced that its second-quarter sales had increased by 6.7%, exceeding its expectations, in a context of a global slowdown in the beauty sector.