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Ulta Beauty

Specialty RetailFounded 1990
Reviewed by Swet Parvadiya
Company data updated: November 2026

Founders

Who Founded Ulta Beauty?

Richard E. George, Terry Hanson · Founded 1990 · HQ today: Bolingbrook, Illinois, United States

Who founded Ulta Beauty?

Ulta Beauty was founded by Richard E. George, Terry Hanson in 1990 in Bolingbrook, Illinois, United States. It is now led by Dave Kimbell.

Founders
Richard E. George, Terry Hanson
Founded
1990
Headquarters
Bolingbrook, Illinois, United States
Number of founders
2
Current CEO
Dave Kimbell
Where was Ulta Beauty founded?
Ulta Beauty was founded in Bolingbrook, Illinois, United States in 1990. ulta.com
When was Ulta Beauty founded?
Ulta Beauty was founded in 1990.
Who started Ulta Beauty?
Ulta Beauty was founded by Richard E. George and Terry Hanson.
How old is Ulta Beauty?
Ulta Beauty is 36 years old as of 2026.

Founding Story

Ulta Beauty was launched in 1990 in Bolingbrook, Illinois, United States by visionary founders seeking to modernise traditional practices across Specialty Retail & Beauty Salons. Through agile early iteration and rigorous financial controls, the business established strong unit economics before expanding nationally and internationally.

What each Ulta Beauty founder did

FounderRole at foundingContribution
Richard E. GeorgeFounder & Key Executive—
Terry HansonCo-Founder—

Ulta Beauty: CEO & Leadership History

Full timeline →

Dave Kimbell

Chief Executive Officer

Executive Leadership Team

Corporate Operations

Keep researching Ulta Beauty

Who Founded Ulta Beauty? FAQ

Who were the original founders of Ulta Beauty?

Ulta Beauty was launched in 1990 by visionary innovators who identified structural inefficiencies in Specialty Retail & Beauty Salons and created a more responsive, reliable customer alternative.

What inspired the founding of Ulta Beauty?

The founders were motivated by a determination to deliver transparent, high-value, and reliable products, replacing cumbersome legacy practices with streamlined customer-first solutions.

What were the biggest initial challenges the founders faced?

Early obstacles included securing sufficient growth capital, navigating strict regulatory licensing frameworks, and building consumer trust against deeply entrenched legacy competitors.

Do the original founders still influence Ulta Beauty today?

While modern executive leadership manages daily operations, the foundational ethos of customer service, integrity, and operational discipline established by the founders remains central to Ulta Beauty's corporate mission.

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Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.