RH Announces Appointment of David Stanchak as Chief Real Estate and Development Officer
During his 30 year career in the real estate industry, Mr. Stanchak has
worked as a senior executive, consultant, investor, real estate broker
and attorney in all aspects of high-growth, retail brand development. He
has had direct responsibility for opening more than 2,500 retail stores,
managing real estate portfolios and deploying in excess of
“I am honored to join RH in this new role and have an opportunity to
help lead one of the most innovative and revolutionary real estate
transformations in retail. I look forward to working with Gary and the
entire RH team,” said
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Forward Looking Statements
This release contains forward-looking statements within the meaning of
the federal securities laws, including statements related to Mr.
Stanchak’s role at RH and the expected benefits to the Company as a
result of this new role. 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, our ability to retain key personnel;
successful implementation of our growth strategy; work stoppages
affecting port workers and other industries involved in the
transportation of our products; general economic conditions and the
impact on consumer confidence and spending; changes in customer demand
for our products; factors affecting our outstanding convertible senior
notes; our ability to anticipate consumer preferences and buying trends,
and maintaining our brand promise to customers; changes in consumer
spending based on weather and other conditions beyond our control; risks
related to the number of new business initiatives we are undertaking;
our ability to obtain our products in a timely fashion or in the
quantities required; our ability to employ reasonable and appropriate
security measures to protect personal information that we collect; our
ability to support our growth with appropriate information technology
systems; risks related to “conflict minerals” compliance and its impact
on sourcing, if any, 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-K filed with the
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Source:
RH
Cammeron McLaughlin, 415-945-4998
VP, Investor Relations
cmclaughlin@rh.com