About

Paula M. Oyibo served as Chief Financial Officer of Ulta Beauty until June 24, 2025, when the company began a CFO transition. She remained a named executive officer for fiscal 2025 and departed the company under a separation agreement. She previously held senior finance roles at the company before her appointment as CFO.

Roles

Ulta Beauty, Inc.
Former Chief Financial Officer · Current role
Present
Ulta Beauty, Inc.
Chief Financial Officer
—

Fixed Compensation

FY 2025
Salary
$315,190
ComponentBase salary earned through June 24, 2025 departure; annual rate $754,000
All other compensation
$1,227,032
IncludesSeparation payments: bonus per separation agreement $754,000, severance $438,810, COBRA $15,162, 401(k) match $14,000, long-term disability premium $4,760, and perquisites $300
Total compensation
$3,125,714

Performance Compensation

Data from FY 2025

Cash incentive

Non-equity incentive plan compensation
$0
Target Opportunity
—
NoteNo non-equity incentive reported for fiscal 2025; departed June 24, 2025

Stock awards

Stock awards
$791,726
FormRestricted stock units and performance-based restricted stock (subsequently forfeited on separation)
Option awards
$791,766
FormStock options (grant-date fair value)

Also at Ulta Beauty, Inc.

Colleague
Kecia L. Steelman
President & Chief Executive Officer
Colleague
Christopher J. DelOrefice
Chief Financial Officer
Colleague
Rene G. Cásares
Chief Legal Officer & Corporate Secretary

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