CORTE MADERA, Calif.--(BUSINESS WIRE)--Jun. 21, 2016--
RH (Restoration Hardware Holdings, Inc. - NYSE: RH) today announced the
appointment of Hilary Krane to its Board of Directors, effective
immediately. She will also serve on the Board’s Audit Committee.
Ms. Krane currently serves as the Executive Vice President, Chief
Administrative Officer and General Counsel of NIKE, Inc. Prior to
joining NIKE, Inc. in 2010, Ms. Krane held various roles at Levi Strauss
& Co., including Senior Vice President, General Counsel and Corporate
Affairs.
Gary Friedman, Chairman and Chief Executive Officer, commented, “We are
delighted to welcome Hilary to the RH Board. Her experience contributing
to the growth and development of innovative and iconic global brands
will be invaluable as we continue to build RH into the leading luxury
home and design platform in the world."
“I'm excited and honored to be joining the board of a Company that is
redefining its market and driving innovation in the retail industry,"
said Ms. Krane. "I look forward to working with Gary and the entire RH
board to help actualize their vision of becoming one of the most admired
brands in the world.”
Ms. Krane replaces Thomas Mottola who, as previously announced, is
stepping down from the RH Board and its various committees due to
competing demands on his time. The Board has appointed Mark Demilio as
the Chair of the Company’s Nominating and Corporate Governance Committee
filling the role previously handled by Mr. Mottola.
Mr. Friedman, concluded, “On behalf of myself, the Board and the entire
RH team, I want to thank Tommy for his inspired leadership and guidance.
He has made important contributions to shaping the brand and business we
are today.”
About RH
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, including statements related to expected
benefits from the appointment of Hilary Krane to the Board and Audit
Committee and from the appointment of Mark Demilio to the Chair of the
Corporate Governance and Nominating Committee as well statements
relating to RH redefining the market and our efforts to build RH into
the leading luxury home and design platform and becoming one of the most
admired brands in the world. 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; our ability to take
advantage of the transaction with Waterworks; uncertainties in the
current performance of our business including a range of risks related
to our operations as well as external economic factors; 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; strikes and work stoppages affecting
port workers and other industries involved in the transportation of our
products; 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’ most recent Form 10-K
filed with the Securities and Exchange Commission, and similar
disclosures in subsequent 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.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160621006485/en/
Source: Restoration Hardware Holdings, Inc.
RH
Cammeron McLaughlin, 415-945-4998
SVP, Investor Relations
and Strategy
cmclaughlin@rh.com