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DSW’s MacDonald Appointed To Ulta Board

Ulta Beauty has announced that its board appointed Michael MacDonald, president and CEO of DSW Inc., to the position of director. MacDonald joins the board with more than 30 years of retail industry experience, with expertise in merchandising, marketing, store operations and finance, Ulta stated.

Prior to joining offpricer DSW in 2009, MacDonald served for three years as chairman and chief executive of ShopKo Stores, Ulta noted. He also spent 16 years with Carson Pirie Scott and with Saks Inc. after it acquired CPS in 1998. In the period earlier, MacDonald held financial positions with various other department stores, including CFO with Marshall Field & Co. from 1985 to 1990.

Dennis Eck, Ulta’s non-executive chair, said, “We are delighted to welcome Mike to Ulta Beauty’s board. DSW shares many of the strengths of our company, including a consistent track record of profitable growth, exciting future growth potential, a vibrant rewards program and its guests’ passion and enthusiasm for the brand. We look forward to Mike’s valuable insights and expertise benefitting Ulta’s business.”