Ulta Beauty, Inc. filed a Form 8-K on August 17, 2026, disclosing the appointment of Brieane L. Olson as an independent director of its Board, effective August 31, 2026.

Key Highlights

  • New director appointed: Brieane L. Olson, age 47, was appointed as an independent director by the Board on August 13, 2026, with an effective date of August 31, 2026.
  • Board seat vacancy: Ms. Olson will fill the seat vacated by Kelly E. Garcia, whose resignation from the Board also becomes effective August 31, 2026.
  • Initial term: Ms. Olson's term will continue until the Company's 2027 Annual Meeting of Stockholders.
  • Current role: Ms. Olson has served as Chief Executive Officer of Pacific Sunwear of California, LLC (PacSun) since May 2023, and as PacSun's President since June 2021.
  • Independence confirmed: The Board determined Ms. Olson qualifies as an independent director under Nasdaq corporate governance standards and SEC rules.
  • Compensation structure: Ms. Olson will receive cash and equity compensation under the Company's non-employee director compensation program, as described in the definitive proxy statement filed with the SEC on April 22, 2026.

Ulta Beauty Board Transition: Olson Replaces Garcia Effective August 31

According to the filing, the Board of Directors of Ulta Beauty, Inc. (NASDAQ:ULTA) voted on August 13, 2026, to appoint Brieane L. Olson as an independent director. Her appointment coincides with the planned resignation of Kelly E. Garcia, with both actions taking effect on August 31, 2026. Ms. Olson's initial term runs through the Company's 2027 Annual Meeting of Stockholders, or until her successor is elected and qualified or until her earlier departure from the board.

The filing details Ms. Olson's professional background extensively. She has held progressively senior roles at PacSun since joining in 2007, including Chief Brand Officer (from July 2020), President (from June 2021), and Chief Executive Officer (from May 2023). She also currently serves on PacSun's board of directors. Prior to PacSun, the filing states she held leadership positions at Abercrombie and Fitch from 2006 to 2007, Hollywould from 2004 to 2006, and Valentino from 2001 to 2004. Her academic credentials, as disclosed, include a Bachelor of Arts in Mass Communications from the University of California, Berkeley, a Masters degree in Fashion from Istituto Marangoni in Italy, and completion of the Advanced Management Program at Harvard Business School.

The filing states the Board selected Ms. Olson because of "her experience as a sitting CEO, which gives her valuable insights into strategy execution, talent development, innovation, and long-term value creation, as well as her background in the areas of specialty retail, strategic planning, brand building, omnichannel commerce, merchandising, and organizational leadership." The Board also confirmed that no arrangements or understandings exist between Ms. Olson and any other person in connection with her appointment, and that there are no transactions requiring disclosure under Item 404(a) of Regulation S-K.

What Was Disclosed

Ulta Beauty disclosed the appointment of Brieane L. Olson as an independent director, effective August 31, 2026, filling the seat vacated by Kelly E. Garcia. Her compensation will follow the Company's existing non-employee director compensation program.