CORTE MADERA, Calif.--(BUSINESS WIRE)--Oct. 31, 2013--
Restoration Hardware Holdings, Inc. (NYSE: RH) today announced the
appointment of Katie Mitic to its Board of Directors, effective
immediately. Ms. Mitic, who will also serve on the Board’s Audit
Committee, is a veteran technology leader and entrepreneur with nearly
20 years of strategic product, marketing and business development
experience.
Gary Friedman, Chairman, Creator, Curator, and Co-Chief Executive
Officer, said, “We are thrilled to have Katie join RH’s Board. Her
entrepreneurial mindset and digital expertise will be invaluable as we
continue to evolve and enhance the ways in which we connect with our
customers.”
Mitic is currently the Co-founder and Chief Executive Officer of Three
Koi Labs, a mobile services start-up aimed at connecting consumers to
the relevant people, places, and things around them. Previously, she led
platform marketing for Facebook, where she advanced the growth of
ground-breaking products for the developers and businesses that engage
with Facebook’s community worldwide. Additionally, Ms. Mitic has served
on the Board of Directors of eBay Inc. for the past two years and on the
Board of Directors of Special Olympics International since May 2011.
“I am excited to be joining an iconic brand in RH that is at the
forefront of innovation in retail customer experiences,” said Ms. Mitic.
“I look forward to working with the team to continue the tremendous
business momentum that has already been created and contributing to the
long-term success of the Company.”
Prior to joining Facebook, Mitic served as Senior Vice President of
Product Marketing at Palm, leading hardware and software product
management and marketing and corporate development. Previously, she was
Vice President and General Manager at Yahoo!, managing strategic global
communities and communication businesses. She has also served as
Executive in Residence at Kleiner Perkins Caufield & Byers and Elevation
Partners. She began her career in the mergers and acquisitions group at
Credit Suisse First Boston, before going on to become the product leader
in a number of successful startups including Four11 (acquired by Yahoo!)
and NetDynamics (acquired by Sun Microsystems).
About Restoration Hardware Holdings, Inc.
RH (Restoration Hardware Holdings, Inc. - NYSE:RH) is a curator of
design, taste and style in the luxury lifestyle market. The Company
offers collections through its retail galleries, source books, and
online at RH.com.
Forward-Looking Statements
This release contains forward-looking statements within the meaning of
the federal securities laws. You can identify forward-looking statements
by the fact that they do not relate strictly to historical or current
facts. These statements may include words such as “anticipate,”
“estimate,” “expect,” “project,” “plan,” “intend,” “believe,” “may,”
“will,” “should,” “likely” and other words and terms of similar meaning
in connection with any discussion of the timing or nature of future
events. We cannot assure you that future developments affecting us will
be those that we have anticipated. Important risks and uncertainties
that could cause actual results to differ materially from our
expectations include, among others, recent changes in general economic
conditions and the impact on consumer confidence and consumer spending,
changes in customer demand for our products, our ability to anticipate
consumer preferences and buying trends, risks related to the number of
new business initiatives we are undertaking, risks in the implementation
or our real estate portfolio transformation, delays in store openings,
as well as those risks and uncertainties disclosed under the sections
entitled “Risk Factors” and “Management’s Discussion and Analysis of
Financial Condition and Results of Operations” in Restoration Hardware
Holdings’ Form 10-Q filed with the Securities and Exchange Commission on
September 16, 2013, and similar disclosures in reports filed with the
SEC, which are available on our investor relations website at
ir.restorationhardware.com and on the SEC website at www.sec.gov.
Any forward-looking statement made by us in this press release speaks
only as of the date on which we make it. We undertake no obligation to
publicly update any forward-looking statement, whether as a result of
new information, future developments or otherwise, except as may be
required by any applicable securities laws.
Source: Restoration Hardware Holdings, Inc.
For Restoration Hardware Holdings, Inc.
Cammeron McLaughlin,
415-945-4998
VP, Investor Relations
cmclaughlin@restorationhardware.com
