Ulta Beauty Unveils New Executive Severance Plan with Enhanced Payouts

Reuters
2025.12.18 22:09
portai
I'm PortAI, I can summarize articles.

Ulta Beauty Inc. has announced a new Executive Severance Plan effective December 15, 2025, offering enhanced severance benefits for involuntary termination without cause. Executives will receive twice their base salary over 24 months, a lump sum bonus, and COBRA premium payments for up to 12 months, contingent on signing a release of claims and adhering to restrictive covenants.