Best Buy names Ulta Beauty CEO Kimbell to board

Best Buy (BBY) has appointed David C. Kimbell, a specialty retail executive, to its Board of Directors, effective immediately. Kimbell is the Chief Executive Officer of Ulta Beauty (ULTA), the largest specialty beauty retailer in the U.S., and has held the role since June 2021. He also sits on its Board of Directors. Since joining Ulta Beauty in 2014, he has served in leadership roles including President and Chief Merchandising and Marketing Officer. “Dave’s leadership experience in specialty retail and service is an incredible asset to our organization, and I am thrilled to welcome him to the Board,” said Corie Barry, Chief Executive Officer at Best Buy. “His proven record of leading and transforming numerous top brands and retailers, while focusing on what’s best for their employees and communities, will be invaluable as we continue to create the future of retail for evolving consumers.”