In 2023, David Kimbell earned $3.82M in total compensation at Ulta Beauty, Inc., including $1.35M salary and $2.38M bonus. Most recently acquired 3,667 shares in Mar 2024. Currently holds stock worth $25.00M. Led Ulta Beauty, Inc. as CEO for 3 years.
Compensation History
Annual executive compensation data for David Kimbell, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$3.82M
Salary
$1.35M
Bonus
$2.38M
Other
$93.42K
Salary
$1.35MBoard Justification
The compensation philosophy aims to attract, retain, and motivate talented executives, linking a significant portion of compensation to performance metrics that drive stockholder value.
Bonus
$2.38MBoard Justification
Annual cash incentive based on earnings before taxes (EBT) performance, with a payout of 97.84% of target due to EBT performance of $1.696 billion, slightly below the target of $1.703 billion.
Other Compensation
$93.42KBoard Justification
Other compensation includes 401(k) match, deferred compensation match, long-term disability premiums, and other perquisites such as health screenings and life insurance premiums.
Restricted Stock
Board Justification
No stock was vested in 2023 as the focus is on performance-based stock awards that vest in future periods.
Performance Metrics
The primary performance metric for the annual incentive plan is earnings before taxes (EBT), with a target set at the beginning of the fiscal year.
David Kimbell
Ex-CEO of Ulta Beauty, Inc.
Education
Not specified
Field of Expertise
Sales & Marketing - Marketing
Sector of Economy
Consumer Cyclical
CEO of Ulta Beauty, Inc. for
3 years 7 months (Jun 2021 - Jan 2025)
Previous Experience
Chief Merchandising and Marketing Officer of Ulta Beauty, Inc.; President & Chief Merchandising and Marketing Officer of Ulta Beauty, Inc.
Holdings
Track David Kimbell's stock holdings and portfolio value over time.
Total Stock Sold
$27.14M
$27.14M
70,842 ULTA shares
What if they kept their stock?
If David Kimbell didn't sell their stock, today they would have:
Extra ULTA70,842 shares worth $37.83M.
This is 39.38% and $10.69M more than what they got when they sold the stock.
Insider Trading
David Kimbell's recent stock transactions, purchases, and sales filed with the SEC.
3,667 shares
ULTA
Mar 29, 2024
Received
13,610 shares
ULTA
Feb 19, 2024
Received
3,241 shares
ULTA
Mar 31, 2023
Received
$5.37M
ULTA at $467.40/share
Dec 13, 2022
Sale
$6.29M
ULTA at $425.40/share
Sep 2, 2022
Sale
$6.29M
ULTA at $425.40/share
Sep 2, 2022
Sale
3,244 shares
ULTA
Mar 24, 2022
Received
3,943 shares
ULTA
Mar 25, 2021
Received
24,042 shares
ULTA
Mar 27, 2020
Received
2,205 shares
ULTA
Mar 29, 2019
Received
Rivals
Compare David Kimbell with competitor CEOs and industry peers.