April 11, 2005, 12:00 AM

Restoration Hardware adds chairman to Friedman`s president/CEO duties

Gary Friedman, who joined home furnishings retailer Restoration Hardware as president and CEO in 2001, has been named chairman of the board, succeeding founder Stephen Gordon.

 

Gary Friedman, who joined home furnishings retailer Restoration Hardware as president and CEO in 2001, has been named chairman of the board, succeeding founder Stephen Gordon.

Friedman has served as acting chairman since January, when Gordon resigned to assume the position of CEO of Sundance, the apparel and home furnishings retail division of a brand founded by actor Robert Redford. After launching Restoration Hardware in 1980, Gordon built the company into a chain of 100 stores, a catalog division and a web site, RestorationHardware.com.

Friedman joined Restoration Hardware from home furnishings retailer Williams-Sonoma Inc.

Restoration Hardware also made two appointments to its board. It named Damon Ball, a board member since 1997, to the new position of lead independent director. “The creation of the role of lead director is an important step to further enhance our board independence and corporate governance,” Friedman said.

The company said it expects that another director, T. Michael Young, will replace Ball as chairman of the audit committee after it files the company’s 10-K financial statement for fiscal 2004.

Restoration Hardware also appointed Ann Rhoades, president of human resources consulting firm PeopleInk Inc., as an independent member of the board.

 

comments powered by Disqus

Advertisement

Advertisement

Advertisement

From IR Blogs

FPO

Anna Kuzmina / E-Commerce

An introduction to online payments in Russia

Russian shoppers use a variety of domestic e-wallets quite often when shopping online, a result ...

FPO

Rebecca Kanthor / E-Commerce

An American view of China's online shopping boom

The astronomical growth of Alibaba's Taobao online shopping mall is hard to fathom from a ...

Advertisement