Ulta adds finance expertise to board

Leading cosmetics retailer Ulta Beauty named veteran financial industry executive Michelle Collins to its board.



Ulta, operator of 715 stores, said Collins joined its board effective October 13 and would serve on its nominating and corporate governance and audit committees. She currently serves as president of Cambium LLC, a business and financial advisory firm, a role she has held since 2007. Previously, she was managing director and co-founder of Svoboda Capital Partners LLC, a private equity firm, from 1998 to 2007. She began her career in 1986 at William Blair & Company, an investment banking firm, where she held the position of principal, corporate finance from 1992 to 1997, focusing on specialty retail, catalog and distribution businesses in corporate finance.



“We are delighted to welcome Michelle to Ulta Beauty’s Board of Directors. Michelle brings extensive experience in corporate finance and deep corporate governance expertise, having served as a member of the board of directors for many public and private companies. I am confident she will make tremendous contributions to Ulta,” said Mary Dillon, Ulta Beauty’s CEO.