Ulta Beauty adds to board

By

Benjamin Fitzgerald

Published
Dec 20, 2022

Ulta Beauty, Inc. announced on Friday the appointment of Heidi Petz to its board of directors, effective December 16.

With more than 25 years of professional, commercial, retail and leadership experience, ​Petz is currently the president and chief operating officer of The Sherwin-Williams Company, where she is responsible for all Sherwin-Williams operating segments, which include The Americas Group, the Performance Coatings Group, the Consumer Brands Group, as well as the Global Supply Chain organization. She joined Sherwin-Williams when the company acquired The Valspar Corporation in 2017.

Prior to that, she has held various leadership roles with Newell Rubbermaid, Target Corporation and PricewaterhouseCoopers. Petz holds a bachelor’s degree in Business and Leadership from the University of Richmond and an MBA from Loyola University Maryland.

“We are excited to welcome Heidi to the Ulta Beauty family and are confident her broad leadership experience, operational expertise and consumer focus will result in valuable contributions to our Board,” said Dave Kimbell, chief executive officer.

“We continue to benefit from the depth and breadth of experiences and diverse perspectives of our board of directors as they guide our ongoing work to shape how the world sees and experiences beauty.”

With addition of Petz, the Bolingbrook, Illinois-based retailer's board now consists of 11 members. Some 55% are women, 36% are racially diverse, and 55% joined within the last five years.