Through Jeroslyn Jovonn
June 27, 2025
Paula Oyibo left her CFO role after a year at Ulta Beauty.
The financial officer of Ulta Beauty Paula Oyibo leaves her post just over a year after taking the role.
The beauty giant announced On June 25, Chris Lialios, Senior Vice President and Controller, will be income as an interim CFO, the Wall Street Journal Reports. The company did not announce the reason behind Oyibo’s departure that only a few months after she was promoted to Chief Financial Officer in April 2024, after her arrival 2019 was promoted.
“It was my honor to serve as a CFO for Ulta Beauty,” said Oyibo. “I am extremely proud of the performance of our team and believe that Ulta Beauty is well positioned to implement the Ulta Beauty Unleashed plan.”
At the time of her promotion to the C-suite, Oyibo passed For a long time CFO Scott Setter. The company has launched an external search for a permanent CFO, which works together with a best executive search company to identify potential candidates.
Lialios, the interim replacement of Oyibo, has served since 2018 as a senior vice president of Ulta Beauty – controller, who supervises financial reporting, internal controls and accounting policy. He first came to the company in 1999 as an assistant controller and has since played a key role in leading financial transformation efforts and increasing ranks. A certified public accountant, Lialios has a BS in accounting from the University of Illinois, Chicago and an MBA from Webster University.
“Chris has been a respected leader in the Financial Team of Ulta Beauty for more than 25 years, and we are grateful to him for stepping in this important interim role while we perform a search for our next CFO,” said Kecia Steelman, President and Chief Executive Officer. “We are convinced that his deep fame with our company, in combination with his financial expertise and leadership style, will ensure a smooth transition while we will continue to implement our Ulta Beauty Unleashed plan.”
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