Ulta Beauty announced Michael R. MacDonald, president and CEO of DSW Inc., has been appointed to its board of directors, effective October 24, 2012.
MacDonald joins the Ulta Beauty board with more than 30 years of experience in the retail industry, with expertise in merchandising, marketing, store operations and finance. Prior to joining DSW Inc. in 2009, MacDonald served for three years as chairman and CEO of ShopKo Stores, the privately-held discount retailer. Prior to that, MacDonald spent sixteen years with the department store Carson Pirie Scott and with Saks Incorporated after it acquired Carson Pirie Scott in 1998. He served in various operating roles at Saks, including chairman and CEO of Saks’ Northern Department Store Group from 2000 to 2006. Prior to joining Carson Pirie Scott, MacDonald held financial positions with various other department stores, including CFO of Marshall Field & Company 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.”