IRVING, Texas — Michaels Stores has named Chuck Rubin CEO and a member of the board of directors. Rubin, currently the president and CEO of Ulta Beauty, will assume his new roles after a brief period of transition, at which time Michaels will discontinue the office of the CEO, established on an interim basis in May 2012. Charles Sonsteby, a member of the office of the CEO, will continue as the company's chief administrative officer and CFO.
