Ulta Beauty CEO adds retail brand perspective, customer digital
innovation, and more than 30 years of leadership experience to Board of
Directors
SEATTLE--(BUSINESS WIRE)--Jan. 7, 2016--
Starbucks Corporation (NASDAQ:SBUX) today announced that Mary Dillon,
CEO of Ulta Beauty (NASDAQ:ULTA) was elected to the Starbucks Board of
Directors on Jan. 4 and she will serve on the Board’s Compensation and
Management Development Committee. Dillon brings three decades of
experience leading consumer-driven brands to build brand engagement and
drive profitable growth.
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Mary Dillon, CEO of Ulta Beauty, joins Starbucks Board of Directors. (Photo: Business Wire)
“Mary shares our desire to deliver shareholder value while embracing the
values and guiding principles that serve our people, our customers, and
the neighborhoods where we do business, and we are honored to have her
join the Starbucks Board of Directors,” said Howard Schultz, chairman
and ceo. “Mary’s proven track record for leveraging consumer insights
and customer-focused strategies together with her leadership and passion
for excellence make her the ideal addition to contribute to our next
phase of growth as a company.”
Since Dillon took the helm of Ulta Beauty in June 2013, the company has
achieved record sales and earnings. Dillon led Ulta Beauty to 21 percent
top-line growth and comparable sales growth of nearly 10 percent for
fiscal year 2014. Ulta Beauty currently operates 875 stores in 48 states
and a thriving e-commerce business making it the nation’s largest
specialty beauty retailer. Dillon is responsible for an employee base of
more than 22,000 full- and part-time employees, 92 percent of whom are
women. In the last two years, Dillon has added 5,380 new jobs, an
increase of 30 percent.
“I am delighted to join the Starbucks Board of Directors,” said Dillon.
“Starbucks and Ulta Beauty share many attributes: incredibly passionate
customers, compelling loyalty programs, exciting growth strategies that
put the customer at the center of all we do, and tremendous care for our
people. I look forward to working with Howard Schultz, the Starbucks
Board and leadership team to contribute to the future success of this
great company.”
Prior to joining Ulta Beauty, Dillon served as president and CEO of U.S.
Cellular. During her tenure, U.S. Cellular expanded its product and
service offerings and strengthened new channels of distribution, while
maintaining industry-leading customer satisfaction levels. Dillon
previously served as global chief marketing officer and executive vice
president for McDonald’s Corporation, where she led the company’s
worldwide marketing efforts and global brand strategy, including a focus
on children’s well-being initiatives. Prior to that, she served as
president of PepsiCo’s Quaker Foods division.
Dillon serves on the Ulta Beauty Board of Directors and previously
served on the Board of Directors for Target Corporation and U.S.
Cellular.
Dillon is an active member of the Chicago community and believes
strongly in giving back as a mentor to other female business leaders.
She currently serves on the Boards of several non-profits, including the
Ounce of Prevention Fund, World Business Chicago, the Civic Committee of
the Commercial Club of Chicago, and Loyola Academy.
Named to Fortune’s Business Person of the Year list (#6) in 2015,
Dillon is a proud first-generation college graduate born in Chicago.
Dillon received her Bachelor of Science degree in marketing and Asian
studies from the University of Illinois at Chicago. Dillon has four
children, and along with her husband Terry, resides in the Chicago area.
Starbucks also announced the upcoming retirement of Board member Olden
Lee, retired executive of PepsiCo, immediately prior to Starbucks 2016
Annual Meeting in March. Lee has served on the Starbucks Board of
Directors since 2003.
About Starbucks
Since 1971, Starbucks Coffee Company has been committed to ethically
sourcing and roasting high-quality arabica coffee. Today, with
stores around the globe, the company is the premier roaster and retailer
of specialty coffee in the world. Through our unwavering commitment to
excellence and our guiding principles, we bring the unique Starbucks
Experience to life for every customer through every cup. To share in
the experience, please visit us in our stores or online at http://news.starbucks.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160107006232/en/
Source: Starbucks Corporation
Starbucks Coffee Company
Linda Mills, +1-206-318-7100
press@starbucks.com