Mary Dillon served as the CEO of Ulta Beauty, a leading cosmetics retailer, from 2013 until 2021. She is known for her strong background in marketing, having previously held key positions at McDonald's and U.S. Cellular. Under her leadership, Ulta...

Mary Dillon served as the CEO of Ulta Beauty, a leading cosmetics retailer, from 2013 until 2021. She is known for her strong background in marketing, having previously held key positions at McDonald's and U.S. Cellular. Under her leadership, Ulta Beauty saw significant growth and success in the beauty industry. Dillon's compensation reflected her performance; in 2021, she earned a total of nearly $7 million, with major portions coming from performance-based stock options. After stepping down as CEO, she became the Executive Chair of the Board. Dillon's insider trading activities show her confidence in the company, with her holdings value reaching over $70 million at various points. Despite her departure from CEO, her influence on Ulta’s strategy continues to resonate, as she helped shape the company's focus on customer experience and expansion into new markets.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Ulta Beauty, Inc. CEOs

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Mary Dillon

Ex-CEO of Ulta Beauty, Inc.

Education

Not specified

Field of Expertise

Sales & Marketing - Marketing

Sector of Economy

Consumer Cyclical

Born

January 1, 1961 - 64 years ago

CEO of Ulta Beauty, Inc. for

7 years 11 months (Jul 2013 - Jun 2021)

Previous Experience

President and Chief Executive Officer of United States Cellular Corporation; Executive Vice President and Global Chief Marketing Officer of McDonald's Corporation; Board member of Target Corporation

Rivals

Competitors/colleagues of Mary Dillon

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Darren M. Rebelez

CEO of Casey's General Stores

2023 Compensation

Stock

$0.00

Salary

$900.00K

Bonus

$2.83M

Other

$0.00

Total Holdings

$35.69M

T

Brian Cornell

CEO of Target

2023 Compensation

Stock

$13.57M

Salary

$1.40M

Bonus

$831.60K

Other

$469.04K

Total Holdings

$71.48M

B

Sharon Price John

CEO of Build-A-Bear Workshop

2021 Compensation

Stock

$0.00

Salary

$0.00

Bonus

$0.00

Other

$0.00

Total Holdings

$16.99M

Holdings

See how much did Mary Dillon make over time.

Mary Dillon's holdings in Ulta Beauty have seen notable increases over the years, peaking at values around $78.53 million in early 2024. She had major fluctuations in her portfolio from 2019 to 2024, reflecting the varying stock prices and her...

Mary Dillon's holdings in Ulta Beauty have seen notable increases over the years, peaking at values around $78.53 million in early 2024. She had major fluctuations in her portfolio from 2019 to 2024, reflecting the varying stock prices and her transactions. At the height of her wealth with Ulta, her holdings soared higher than $70 million, demonstrating her strong belief in the firm's potential and her strategic decisions. These stock values were up from approximately $29.66 million in September 2019, showcasing significant growth in just a few years. Even after transitioning to the role of Executive Chair, Dillon maintained a large stake in the company, reaffirming her commitment and confidence in Ulta's future.

Mar 18, 2025

S

shares

SBUX @ $98.28

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shares

ULTA @ $343.83

Total Stock Sold

$22.46M

ULTA

$22.46M

85,840 ULTA shares

What if they kept their stock?

If Mary Dillon didn't sell their stock, today they would have:
Extra ULTA85,840 shares worth $19.39M.
This is -13.68% and $3.07M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Mary Dillon.

SBUX

4,585 shares

SBUX

Nov 15, 2017

Received

ULTA

15,413 shares

ULTA

Mar 24, 2017

Received

ULTA

$9.71M

ULTA at $286.05/share

Mar 20, 2017

Sale

SBUX

4,634 shares

SBUX

Nov 21, 2016

Received

ULTA

$12.75M

ULTA at $245.74/share

Aug 30, 2016

Sale

ULTA

4,016 shares

ULTA

Mar 25, 2016

Received

SBUX

2,154 shares

SBUX

Jan 25, 2016

Received

ULTA

4,101 shares

ULTA

Mar 27, 2015

Received

ULTA

$475.48K

ULTA at $118.87/share

Sep 17, 2014

Purchase

ULTA

10,706 shares

ULTA

Jul 1, 2014

Received

Compensation History

See how much did Mary Dillon make over time.

In 2021, Mary Dillon's total compensation at Ulta Beauty amounted to approximately $6.97 million, with her base salary being $1.19 million. As part of her compensation package, she received performance-based stock awards that contributed significantly to her overall earnings, valued at about $5.63 million that year. The company used performance metrics tied to earnings and growth to determine her bonuses and stock rewards. Over her career at Ulta, her compensation reflected the company's financial success and her leadership. Before 2021, in 2020, she earned around $8.1 million, showcasing how her pay varied with Ulta's performance, especially during challenging economic times like the pandemic. This strategy underscored Ulta's philosophy to align the interests of executives with those of shareholders.

Year

2021

Total Compensation

$6.83M

Salary

$1.19M

Board Justification

The compensation committee aims to attract, retain, and motivate talented key executives through competitive compensation opportunities linked to performance metrics that drive stockholder value.

Bonus

$0.00

Board Justification

Annual incentive with a target of 170% of base salary, prorated based on CEO service in fiscal 2021.

Other

$11.00K

Board Justification

Includes 401(k) match, long-term disability premiums, and other perquisites, including club memberships, health screenings, and life insurance premiums.

Restricted Stock

$5.63M(15.69K PBS)

Board Justification

Performance-based stock awards that vested based on fiscal 2021 performance metrics.

Performance Metrics

The annual incentive plan is tied to the achievement of company-wide earnings before taxes (EBT) goals.

Other Ulta Beauty, Inc. CEOs

Here are other CEOs of Ulta Beauty, Inc.

David Kimbell

Ex-CEO of Ulta Beauty, Inc.

June 2021 - January 2025