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Scott Settersten
Chief Financial Officer at Ulta Beauty
Professional Background
Scott Settersten is a distinguished financial executive with a wealth of experience in both corporate finance and accounting. Currently serving as an Independent Director of Kimball International, he brings invaluable insights to the board, leveraging his expertise honed over years of leadership in various esteemed organizations. Prior to this role, Scott had an impressive tenure at ULTA Beauty, where he was instrumental in shaping the financial strategies of the company.
As the Chief Financial Officer at ULTA Beauty, Scott Settersten was responsible for overseeing the company’s financial operations, which included financial planning, management of financial risks, record-keeping, and financial reporting. His strategic decision-making and financial acumen helped drive the company's growth and development in the dynamic beauty retail sector. During his time with ULTA Beauty, he held several key positions, including Vice President of Accounting, Director of Financial Reporting, and Director of Investor Relations. In these roles, he played a pivotal part in enhancing financial transparency and fostering strong relationships with investors, which were essential as the company navigated a rapidly changing market landscape.
Before his remarkable journey at ULTA Beauty, Scott gained foundational skills and insights as a Senior Manager at PricewaterhouseCoopers LLP (PwC). His experience at PwC exposed him to a wide range of industries and financial structures, allowing him to develop a deep understanding of corporate finance principles and best practices. His background at PwC not only enhanced his accounting skills but also strengthened his ability to communicate complex financial concepts effectively.
Education and Achievements
Scott Settersten’s educational background is equally impressive, arming him with the tools needed to excel in the high-stakes world of corporate finance. Although specific details of his educational credentials were not provided, professionals in Scott's position typically hold advanced degrees in business or finance and relevant certifications, such as a CPA (Certified Public Accountant).
In addition to his extensive career and roles in different organizations, Scott has achieved significant acclaim in the finance and accounting field, characterized by his high-integrity approach to finance and dedication to achieving excellence in financial management. His leadership style emphasizes collaboration and transparency, traits that have fostered team growth and innovation in each of his previous roles.
Achievements
Throughout his career, Scott Settersten has made profound contributions to the companies he has worked for, with numerous accolades to his name. He has consistently demonstrated an ability to drive financial performance and operational excellence, paving the way for sustainable business growth at ULTA Beauty and delivering value to shareholders. His tenure at these organizations is marked by a commitment to ethical practices and a profound understanding of regulatory requirements, ensuring compliance and good governance.
As an Independent Director at Kimball International, Scott continues to contribute to the governance and strategic direction of the organization. His depth of experience in financial leadership makes him a valuable asset to the Board, offering strategic insights that help shape corporate strategies and ensure long-term success for the company.
